Tranmountain Inc. has provided the following data for the month of December. The balance in...
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Accounting
Tranmountain Inc. has provided the following data for the month of December. The balance in the Finished Goods Inventory account at the beginning of the month was $66,000 and at the end of the month was $62,000. The costs of goods manufactured for the month was $243,000. The actual manufacturing overhead cost incurred was $91,000 and the manufacturing overhaead cost applied to Work-in-Process was $87,000. The adjusted costs of goods sold that would appear on the income statement in December is:
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