SOLUTION: I'm at a loss at how to set up the equation for this problem. Thank you! Buzhardt Inc., which uses job-order costing, has provided the following data for February: Direct mat

Question 751574: I'm at a loss at how to set up the equation for this problem. Thank you!
Buzhardt Inc., which uses job-order costing, has provided the following data for February:
Direct materials $63,000
Direct labor cost $81,000
Manufacturing overhead cost incurred $45,000
Manufacturing overhead cost applied $41,000
Inventories: Beginning Ending
Work in process $11,000 $21,000
Finished goods $42,000
The cost of goods manufactured for February is closest to:
A. $185,000
B. $189,000
C. $175,000
D. $179,000

Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!

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