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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 contains only direct materials (Click the icon to view the data) For Current Year Beginning raw materials inventory S 24,000 Plus Purchases of direct materials 71,000 Materials available for use 96,000 Less Ending raw materials inventory 54.000 61,000 Direct materials used Calculate the cost of goods manufactured Strike Gold Company Calculation of Cost of Goods Manufactured For Current Year Pluk Manufacturing costs incurred L Cost of goods manufactured

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