Beginning work in process was $225,000. Manufacturing costs incurred for the month were $750,000. There were $150,000 of partially finished goods remaining in work in process inventory at the end of the month. What was the cost of goods manufactured during the month? Solution: Beginning finished goods inventory was $250,000. The cost of goods manufactured for the month was $860,000. The ending finished goods inventory was $150,000. What was the cost of goods sold for the month? Solution