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Post-Lecture Question 03 Concord Audio, Inc. manufactures speakers. During March, Concord's transactions and accounts included the following: Raw materials acquired for cash$82800Cost of direct materials

Post-Lecture Question 03

Concord Audio, Inc. manufactures speakers. During March, Concord's transactions and accounts included the following:

Raw materials acquired for cash$82800Cost of direct materials used in production81600Costs to ship products to customers1000Direct labor cost incurred41200Total manufacturing overhead incurred24700Raw materials inventory, beginning3500Raw materials inventory, ending3500Work in process inventory, beginning11500Work in process inventory, ending14800

How much is cost of goods manufactured for March?

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