Problem 23: COST OF GOODS SOLD (ACTUAL COSTING) Danica Corp. provided the following inventory balances and cost data for the month of June. Direct Materials Work in Process Finished Goods Production data for the month of June follows: Junel June 30 30,000 40,000 15,000 20,000 65,000 50,000 Cost of goods manufactured 515,000 Factory overhead applied 150,000 Direct materials used 190,900 144,000 Actual factory overhead Required: Compute the cost of goods sold under actual costing Scanned with CamScanner