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Manufacturing Company used $ 3 4 , 0 0 0 of direct materials and incurred $ 9 , 6 0 0 of direct labor costs

Manufacturing Company used $34,000 of direct materials and incurred $9,600 of direct labor
costs during the year. Indirect labor amounted to $1,000 while indirect materials totaled $1,200.
Other factory costs totaled $11,040. Finished goods inventories were $1,000 at the beginning of the
year and $2,720 at year-end. Work-in-process inventories were $1,000 at the beginning of the year
and $1,840 at year-end.
3) What is the cost of goods manufactured for the year?
 
 

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