Question
Cost of Goods Manufactured Schedule : A manufacturing company provides the following information for the month: Beginning Work in Process inventory: $8,000 Direct materials used:
Cost of Goods Manufactured Schedule: A manufacturing company provides the following information for the month:
Beginning Work in Process inventory: $8,000
Direct materials used: $30,000
Direct labor: $20,000
Manufacturing overhead: $15,000
Ending Work in Process inventory: $10,000 Calculate the cost of goods manufactured for the month.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
