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Frankin Corporation has provided the following data concerning last month's operations. Purchases of raw materials $ 26,000 Indirect materials included in manufacturing overhead $ 6,000
Frankin Corporation has provided the following data concerning last month's operations.
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Purchases of raw materials | $ | 26,000 |
Indirect materials included in manufacturing overhead | $ | 6,000 |
Direct labor cost | $ | 58,000 |
Manufacturing overhead applied to Work in Process | $ | 97,000 |
| Beginning | Ending | ||||
Raw materials inventory | $ | 11,000 |
| $ | 17,000 |
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Work in process inventory | $ | 52,000 |
| $ | 66,000 |
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How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
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