acct 403648
The accounting records of Bronco Company revealed the following information:
| Raw materials used | $ 78,000 |
| Direct labor | 143,000 |
| Manufacturing overhead | 378,000 |
| Work in process inventory, 1/1 | 68,000 |
| Finished goods inventory, 1/1 | 207,000 |
| Work in process inventory, 12/31 | 94,000 |
| Finished goods inventory, 12/31 | 158,000 |
Bronco’s cost of goods manufactured is:
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acct 403648
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| $576,000. | |
| $622,000. | |
| $573,000. | |
| $625,000. | |
| None of these. |
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