Koczela Inc. has provided the following data for the month of May: Inventories:
Beginning Ending
Work in process $ 25,000 $ 20,000
Finished goods $ 54,000 $ 58,000
Additional information:
Direct materials $ 65,000
Direct labor cost $ 95,000
Manufacturing overhead cost incurred $ 71,000
Manufacturing overhead cost applied to Work in Process $ 69,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
The cost of goods manufactured for May is:
$229,000
$234,000
$231,000
$236,000

$234,000

Explanation:

cost of goods manufactured = beginning work in process + direct materials + direct labor + manufacturing overhead cost applied - ending work in process

cost of goods manufactured = $25,000 + $65,000 + $95,000 + $69,000 - $20,000 = $234,000

cost of goods sold = beginning finished inventory + cost of goods manufactured - ending finished inventory + underapplied overhead  

cost of goods sold = $54,000 + $234,000 - $58,000 + $2,000 = $232,000

ROI (return on investment) is a ratio the measures the amount of return for your investment. The calculation is (net return) / (net investment). In this case net return is the dividends and the cost is the price of the stock. So... (.75)/(16.49)= 4.5% return on investment.