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Question
Use the following information to compute the cost of goods manufactured:
| Beginning raw materials | $ 5,500 |
| Ending raw materials | 4,000 |
| Direct labor | 12,250 |
| Raw material purchases | 7,400 |
| Depreciation on factory equipment | 6,500 |
| Factory repairs and maintenance | 3,300 |
| Beginning finished goods inventory | 10,200 |
| Ending finished goods inventory | 8,900 |
| Beginning goods in process inventory | 5,700 |
| Ending goods in process inventory | 6,300 |
A. $36,650
B. $30,950
C. $30,650
D. $30,350
E. $31,650
Answer
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Related questions
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