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130 14- X Exercise 14-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 [The following information applies to the questions displayed below] finished goods inventory g work in process inventory s 12,000 $16,450 9,950 9,000 27,000 22.750 35,000 14,500 7.250 Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used 9,000 7,650 22000 9,000 8 200 21,000 1250 6,000 7.200 12,000 3200 43,000 7,660 Indirect labor 1,500 4,780 52.000 33.000 46.000 50,000 195,030 20,000 212,500 13.200 46,000 290,010 15.700 15,825 19.450 Sales net 130 14- X Exercise 14-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 [The following information applies to the questions displayed below] finished goods inventory g work in process inventory s 12,000 $16,450 9,950 9,000 27,000 22.750 35,000 14,500 7.250 Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used 9,000 7,650 22000 9,000 8 200 21,000 1250 6,000 7.200 12,000 3200 43,000 7,660 Indirect labor 1,500 4,780 52.000 33.000 46.000 50,000 195,030 20,000 212,500 13.200 46,000 290,010 15.700 15,825 19.450 Sales net