Problem 13-29 (Algo) Cost of goods manufactured and cost of goods sold LO 5, 7 a The following table summarizes the beginning and ending inventories of Decatur Manufacturing Inc. for the month of October: Sept. 30 $36,400 Oct. 31 $28,100 65,700 72,500 49,600 44,200 Raw materials purchased during the month of October totaled $126,900. Direct labor costs incurred totaled $313,100 for the month. Actual and applied manufacturing overhead costs for October totaled $190,500 and $194,200, respectively. Over/Underapplied overhead is written off to cost of goods sold at the end of the year in December. b Raw materials Work in process Finished goods Required: a. Calculate the cost of goods manufactured for October. b. Calculate the cost of goods sold for October. Cost of goods manufactured Cost of goods sold

Problem 13-29 (Algo) Cost of goods manufactured and cost of goods sold LO 5,7 The following table summarizes the beginning and ending inventories of Decatur Manufacturing inc. for the month of October: Raw materials purchased during the month of October totaled \$126,900. Direct labor costs incurred totaled $313,100 for the month. Actual and applied manufacturing overhead costs for October totaled $190,500 and $194,200, respectively. Over/Underapplled overhead is written off to cost of goods sold at the end of the year in December. Required: o. Calculate the cost of goods manufactured for October. b. Calculate the cost of goods sold for October