Chavez Corporation reported the following data for the month of July:
Inventories:
| Beginning | Ending | |||
| Raw materials | $ | 33,000 | $ | 33,000 |
| Work in process | $ | 19,000 | $ | 23,000 |
| Finished goods | $ | 35,000 | $ | 50,000 |
Additional information:
| Raw materials purchases | $ | 69,000 |
| Direct labor cost | $ | 94,000 |
| Manufacturing overhead cost incurred | $ | 62,000 |
| Indirect materials included in manufacturing overhead cost incurred |
$ | 9,200 |
| Manufacturing overhead cost applied to Work in Process | $ | 61,000 |
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
The cost of goods manufactured for July is:
Multiple Choice
$210,800
$225,800
$214,800
$226,800
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