Exercise 14-14 (Part Level Submission)

The following information is available for Aikman Company.

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January 1, 2017 2017 December 31, 2017

Raw materials inventory $23,440 $35,880

Work in process inventory $16,850 $17,340

Finished goods inventory $28,080 $22,260

Materials purchased $152,980

Direct labor $225,820

Manufacturing overhead $183,650

Sales revenue $ 901,900

? (a) Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Click if you would like to Show Work for this question: Open Show Work