Using the information below for Singing Dolls Inc determine

Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year: Work in Process, January 1 Work in Process, December 31 Total Factory overhead Direct materials used Direct labor used $51,000 37,500 6,000 13,000 27000 O $53,500 O $59500. o $13,500 O $97000. O $46,000

Solution

Dear student, only one question is allowed at a time. I am answering the first question

Cost of goods manufactured

= Direct Materials used + Direct labor used + Total manufacturing overhead + Beginning work in process Inventory – Ending work in process Inventory

= $13,000 + $27,000 + $6,000 + $51,000 - $37,500

= $ 59,500

So, as per above calculations, option B is the correct option