University Of Tasmania Operations And Supply Chain Management Assignment Help - cost of goods

Question - Current information for the Austin Company follows:

Beginning raw materials inventory $ 17,200
Beginning goods in process inventory 24,400
Ending raw materials inventory 18,600
Ending goods in process inventory 30,000
Direct labor 44,800
Total factory overhead 32,000
Raw material purchases 62,000

All raw materials used were traceable to specific batches of product. Austin Company's cost of goods
manufactured for the year is:
$145,800.
$143,000.
$131,800.
$137,400.
$134,600.

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