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The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8000. Raw Materials Inventory $40,000 Finished Goods Inventory 60,000 Work in Process Inventory 100,000 Cost of Goods Sold 730,000\begin{array}{lr}\text { Raw Materials Inventory } & \$ 40,000 \\\text { Finished Goods Inventory } & 60,000 \\\text { Work in Process Inventory } & 100,000 \\\text { Cost of Goods Sold } & 730,000\end{array} Raw Materials Inventory Finished Goods Inventory Work in Process Inventory Cost of Goods Sold $40,00060,000100,000730,000 Instructions
Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead.
On May 03, 2024