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Question: work in process inventory raw materials inventory finished goods inventory...

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Work in process inventory Raw materials inventory Finished goods inventory S0 $28,300 $40,200 Additional data 1. Actual manufacturing overhead for January amounted to $63,200. 2. Total direct labor cost for January was $63,000 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs. 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5,300 (1,100 direct labor hours) and total direct material charges were $14,400 5. Cost of direct materials placed in production during January totaled $123,700. There were no indirect material requisitions during January. 6. January 31 balance in raw materials inventory was $35,800 7. Finished goods inventory balance on January 31 was $34,600 What is the cost of goods manufactured for January? O A. $204,580 B. $247,780 O C. $274,900 O D. $231,700

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