Answer:
$45,400.
Explanation:
The cost for the year will be the sum of the three main cost component:
the direct materials added
the factory overhead applied
and the direct labor cost
Cost Incurred during the year:
direct materials 12,800
factory overhead 5,800
Direct labor 26,800
Total cost added (or ncurred) during the month: 45,400
Beginning WIP 50,600
Total cost to be accounted for 96,000
Ending WIP (37,300)
Cost of goods transferred out 58,700