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Jenkins Company had the following information for the year: Direct materials used $299,900 Direct labor incurred (9,000 hours) $246,500 Actual manufacturing overhead incurred $343,500
Jenkins Company had the following information for the year: Direct materials used $299,900 Direct labor incurred (9,000 hours) $246,500 Actual manufacturing overhead incurred $343,500 Jenkins Company used a predetermined overhead rate using estimated overhead of $411,600 and 8,400 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,100. What was cost of goods marfufactured?
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