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30 October, 11:19

The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,000.

- Raw Materials Inventory $40,000

- Finished Goods Inventory 60,000

- Work in Process Inventory 100,000

- Cost of Goods Sold 730,000

Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead. Cost of goods sold $

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  1. 30 October, 11:32
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    Answer:$722,000

    Explanation:

    The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.
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