Question

Kilton Ltd has cost of goods manufactured of $141250 for the month of May. If beginning...

Kilton Ltd has cost of goods manufactured of $141250 for the month of May. If beginning work in process inventory was $25225; ending work in process inventory equals $19590, and direct materials used totalled $20845, what are the total manufacturing costs incurred for the month of May?

A $146885

B $206910

C $135615

D $156460

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Homework Answers

Answer #1

Correct Answer:

Option C:

Total Manufacturing Costs

$         135,615

Working:

Cost of Goods manufactured

$         141,250

Add: Ending WIP

$            19,590

Total Cost of work in process

$         160,840

Less: Beginning WIP

$            25,225

Total Manufacturing Costs

$         135,615

End of Answer.

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