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  3. 24. consider derek's budget information: material

24. Consider Derek's budget information: materials to be used, $63,000; direct labor, $200,100; factory...

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Accounting

24.

Consider Derek's budget information: materials to be used, $63,000; direct labor, $200,100; factory overhead, $393,600; work in process inventory on January 1, $188,000; and work in progress inventory on December 31, $197,300. What is the budgeted cost of goods manufactured for the year?

a.$656,700

b.$197,300

c.$844,700

d.$647,400

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