Brief Exercise 158 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.