Flamingo Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Flamingo worked on four jobs in June. Data are as follows:
Total Cost | ||
Job 20 | $120,000 | Completed and sold |
Job 21 | 150,000 | Completed |
Job 22 | 90,000 | Completed and sold |
Job 23 | 135,000 | Work-in-process |
Based on the given information, calculate the cost of goods sold for June.
a.$255,000
b.$210,000
c.$360,000
d.$270,000