a company started with 0 in direct materials, Cost Accounting

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a company started with 0 in direct materials

A company started with $0 in direct materials, purchased $5,000 of materials, and ended with $300 in materials. Direct labor equaled $4,000. The applied overhead for the period was $2,250. There were no beginning or ending work in process amounts. What was the cost of goods manufactured for the period?

A. $11,250

B. $10,950

C. $11,550

D. $9,000

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Cost Accounting: a company started with 0 in direct materials

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Cost Accounting: a company started with 0 in direct materials

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