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The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 Raw materials inventory $25,160 $35.610 Work in process inventory 15,070 18,280 Finished goods inventory 27.770 23,410 Materials purchased $154,800 Direct labor 223,070 Manufacturing overhead 182,060 Sales revenue 905,590 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Work-in-Process Inventory, 1/1 Direct Materials Raw Materials Inventory, 1/1 182,060 Total Manufacturing Costs 223.070 $ Inventory 3s Inventory, 12/31Step by Step Solution
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