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	$1,150,000
Direct labor	966,000
Work in process inventory, July 1	316,400
Work in process inventory, July 31	355,500
Total factory overhead	490,500

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
		$
Add manufacturing costs incurred during July:
	$
Total manufacturing costs incurred
Total manufacturing costs		$
Cost of goods manufactured		$