Author Question: Total manufacturing costs equal ________. (Read 65 times)

HCHenry · **on:** Mar 6, 2021

Question 1

The following information pertains to the Ruby Corp:

Beginning work-in-process inventory

$74,000

Ending work-in-process inventory

82,000

Beginning finished goods inventory

172,000

Ending finished goods inventory

209,000

Cost of goods manufactured

1,202,000

What is cost of goods sold?
◦ $1,210,000
◦ $1,165,000
◦ $1,157,000
◦ $1,239,000

Question 2

Total manufacturing costs equal ________.
◦ direct materials plus prime costs
◦ direct materials plus conversion costs
◦ direct manufacturing labor costs plus sunk costs
◦ direct manufacturing labor costs plus conversion costs

pikon · **Reply #1 on:** Mar 6, 2021

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