Question
Charles Manufacturing began the month of February with the following inventories .Direct Materials Inventory$900 Work in Process Inventory$450 Finished Goods Inventory$1950 During the month, Charles
Charles Manufacturing began the month of February with the following inventories
.Direct Materials Inventory$900
Work in Process Inventory$450
Finished Goods Inventory$1950
During the month, Charles purchased $6500 in direct materials and used $5920 in direct labor. At the end of the month, the inventory values for Charles Manufacturing were as follows.
Direct Materials Inventory$320
Work in Process Inventory$410
Finished Goods Inventory$1600
Charles had $4150 in manufacturing overhead costs for February. What was the cost of goods manufactured for Charles for the month of February?
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