January 1, 2016 2016 December 31, 2016 Raw materials inventory $26,000 $30,000 Work in process inventory 18,500
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Question:
January 1, 2016 2016 December 31, 2016
Raw materials inventory $26,000 $30,000
Work in process inventory 18,500 22,200
Finished goods inventory 30,000 21,000
Materials purchased $170,000
Direct labor 30,000
Manufacturing overhead 180,000
Sales 800,000
cost of good manufactured: ?
cost of goods available for sale: ?
Posted Date: