The following partially completed T-accounts summarize transactions for Farwest Company during the year:
|
Raw Materials |
|||
|
Beg Bal |
4,700 |
10,000 |
|
|
$6,900 |
|||
|
Finished Goods |
|||
|
Beg Bal |
$1,900 |
22,900 |
|
|
$26,300 |
|||
|
Work in Process |
|||
|
Beg Bal |
$4,600 |
26,300 |
|
|
$7,400 |
|||
|
$8,000 |
|||
|
$6,800 |
|||
|
Manufacturing Overhead |
|||
|
$2,600 |
6,800 |
||
|
$3,000 |
|||
|
1,900 |
|||
|
Wages & Salaries Payable |
|||
|
12,300 |
1,400 |
Beg Bal |
|
|
11,000 |
|||
|
Cost of Goods Sold |
|||
|
22,900 |
|||
The direct materials cost was:
A) $8,000
B) $10,000
C) $7,400
D) $4,600