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Question Help Goodrow Industries is calculating its Cost of Goods Manutachured at year-end. The company's accounting records show the following: The Raw Materials inventory account
Question Help Goodrow Industries is calculating its Cost of Goods Manutachured at year-end. The company's accounting records show the following: The Raw Materials inventory account had a beginning balance of $11,000 and ending balance of $18,000. During the year, the company purchased $57.000 of direct materials. Direct labor for the year totaled $122,000, while manufacturing overhead amounted to $162.000. The Work in Process Inventory account had a beginning balance of 21.000 and an ending balance of $15,000. Assume that Raw Materials inventory contains only direct materials. Compute the cost of Goods Manufactured for the year Hit The first step is to calculate the direct materials used during the year) Start by calculating the direct materials used during the year Goodrow Industries Calculation of Direct Materials Used For Current Year Plus Direct materials used Choose from any it or enter any number in the input fields and then click Check Answer. Clear All - Check Answer remaining Se $ 4 3 5 6 7 0 9 W E R . Y U
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