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Compute the Cost of Goods Manufactured and Cost of Goods Sold for Strike Gold Company for the most recent year using the amounts described

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Compute the Cost of Goods Manufactured and Cost of Goods Sold for Strike Gold Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory (Click the icon to view the data.) contains only direct materials Start the calculation for cost of goods manufactured by calculating the direct materials used Strike Gold Company Calculation of Direct Materials Used For Current Year Beginning raw materials inventory Plus: Purchases of direct materials 26.000 70,000 Materials available for use 96,000 28.000 Less: Ending raw materials inventory $ 68,000 Direct materials used i Calculate the cost of goods manufactured. Clear all Check and

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