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Consider the following budget information: materials to be used totals $69,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory January 1, 2010, was expected to
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Consider the following budget information: materials to be used totals $69,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory January 1, 2010, was expected to be $189,100; and work in progress inventory on December 31, 2010, is expected to be 197,600. What is the budgeted cost of goods manufactured?

a. $662,950
b. $671,450
c. $654,450
d. $1,049,650

User Amazingred
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The answer is C.)$654,450
User Daniel Auger
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