Crimson County Choppers manufactures custom motorcycles. Crimson uses a job-cost system and provides

Crimson County Choppers manufactures custom motorcycles. Crimson uses a job-cost system and provides the following information related to the work-in-process account for the month of January:

January 1 balance………………………….. $22,500

Direct material used………………………… 25,000

Direct labor incurred………………………… 24,000

Manufacturing overhead applied……………. 36,000

Crimson applies manufacturing overhead based on direct labor cost. Job No. 232 was the only job still in process at the end of January. As of January 31, this job, which was started in January, contains direct materials of $4,250 and direct labor of $2,500.

Required:

Determine the cost of goods manufactured during January.

Crimson County Choppers manufactures custom motorcycles Crimson uses a job cost

"Is this question part of your assignment? We can help"

ORDER NOW