Harrison industries began july with a finished-goods inventory of $48,000. the finished-goods inventory at the end of july was $56,000 and the cost of goods sold during the month was s125,000. the cost of goods manufactured during july was: a) $125,000. b) $104,000. c) $117,000. d) $133,000. e) none of the answers is correct

Option (D) is correct.

Explanation:

Given that,

Began July with a finished-goods inventory = $48,000

Finished-goods inventory at the end of July = $56,000

Cost of goods sold during the month = $125,000

Cost of goods manufactured during July:

= Ending finished goods inventory + Cost of goods sold - Beginning finished goods inventory

= $56,000 + $125,000 - $48,000

= $133,000

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

it is d i just took the test