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Consider the following information for a manufacturing company for the month of October: Direct materials purchased: $70,000 Direct labor: $40,000 Manufacturing overhead: $30,000 Beginning finished
Consider the following information for a manufacturing company for the month of October:
- Direct materials purchased: $70,000
- Direct labor: $40,000
- Manufacturing overhead: $30,000
- Beginning finished goods inventory: 1,200 units
- Ending finished goods inventory: 900 units
Calculate the cost of goods sold during the month.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
