Cost of Goods Manufactured for a Manufacturing Company The following information is available for Ethtridge Manufacturing Company for the month ending July 31: Cost of direct materials used in production $147,700 Direct labor 177,200 Work in process inventory, July 1 66,500 Work in process inventory, July 31 90,100 Total factory overhead 81,200 Determine Ethtridge's cost of goods manufactured for the month ended July 31. Ethtridge Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended July 31 Work in process inventory, July 1 v $ 66.500 Add manufacturing costs incurred during July: Cost of direct materials used in production v $ 147,700 Direct labor v 177,200 Factory overhead v 81,200 Total manufacturing costs incurred Total manufacturing costs Less work in process inventory, July 31 v 90.100 Cost of goods manufactured Feedback