Answer:
The correct answer is B
Explanation:
Giving the following information:
A) Direct materials used + direct labor + manufacturing overhead – ending WIP – beginning WIP.
(B) Beginning WIP + direct materials used + direct labor + manufacturing overhead – ending WIP.
(C) Direct materials used + direct labor + manufacturing overhead – beginning WIP + ending WIP.
(D) Beginning WIP + direct materials used + direct labor + manufacturing overhead + ending WIP.
Cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
