Jenkins Company had the following information for the year: Jenkins Company used a predetermined overhead rate using estimated overhead of $378,400 and 8,600 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,500. What was cost of goods manufactured? $901,600 $907,900 $927,400 $953,800
Expert Answer
Cost of goods manufactured=Direct materials cost+Direct labor+Manufacturing overhead incurred
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Question & Answer: Jenkins Company had the following information for the year: Jenkins Company used a predetermined overhea…..
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=$297,700+$251,300+$352,600
=$901,600
So the option isA.