6.Arthur Manufacturing Company produces a single product. The controller has asked your help in preparing a schedule of cost of goods manufactured for the month just ended. The following information is available:117

1) Eleven thousand units were sold at $22 per unit.

2) Thirteen thousand units requiring one unit each of raw materials were produced.

3) Raw materials inventory at the beginning of the month was 1,100 units at $4 each.

4) During the month, two purchases of raw materials were made:

Purchase #1: 7,000 units at $5 each

Purchase #2: 6,000 units at $5.50 each

5) The company uses the first-in, first-out method of determining raw materials inventories.

6) The work in process inventories were:

Beginning of the month: 1,500 units valued at $17,000

End of the month: 1,500 units valued at $19,000

7) Direct labour cost was $110,000.

8) Overhead is applied to production on the basis of 65% of direct labour cost.

Required: a schedule of cost of goods manufactured for the month.