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During the month of June, Reardon Company incurs $17,000 of direct labour and $8,500 of manufacturing overhead, and purchases $15,000 of raw materials.Between the beginning
During the month of June, Reardon Company incurs $17,000 of direct labour and $8,500 of manufacturing overhead, and purchases $15,000 of raw materials.Between the beginning and the end of the month, the raw materials inventory increases by $2,000, the finished goods inventory increases by $1,500 and the work in process inventory decreases by $3,000.What is the cost of goods manufactured?
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