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Information for Miikky Manufacturing is presented below. Compute both the cost of goods manufactured and the cost of goods sold for Miikky Manufacturing. $ Beginning
Information for Miikky Manufacturing is presented below. Compute both the cost of goods manufactured and the cost of goods sold for Miikky Manufacturing.
$ | |
Beginning work in process inventory | 34,250 |
Direct labor | 101,000 |
Beginning finished goods inventory | 63,050 |
Total factory overhead | 138,000 |
Raw materials used | 41,000 |
Ending work in process inventory | 33,000 |
Ending finished goods inventory | 52,000 |
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