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Pentex, Inc. reported the following year-end information: Beginning work in process inventory $ 46,034 Beginning raw materials inventory 23,314 Ending work in process inventory 50,838
Pentex, Inc. reported the following year-end information:
Beginning work in process inventory | $ 46,034 |
Beginning raw materials inventory | 23,314 |
Ending work in process inventory | 50,838 |
Ending raw materials inventory | 20,101 |
Raw materials purchased | 548,421 |
Direct labor | 414,572 |
Manufacturing overhead | 106,742 |
How much is Pentex's cost of goods manufactured for the year?
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