Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its work in process and finished goods inventory accounts. During October, Kapanga worked on three jobs and incurred the following direct costs on those jobs: Job B18Job B19Job C11Direct materials$12,000 $25,000 $18,000 Direct labor$8,000 $10,000 $5,000 Kapanga applies manufacturing overhead at a rate of 150% of direct labor cost. During October, Kapanga completed Jobs B18 and B19 and sold Job B19. How much is Kapanga's cost of goods manufactured for October?
A. $ 55,000
B. $ 50,000
C. $ 78,000
D. $ 82,000
Answer: D
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