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Sawyer Company had the following information for the year: Direct materials used $ 190,400 Direct labor incurred (7,900 hours) $ 249,400 Actual manufacturing overhead incurred
Sawyer Company had the following information for the year:
Direct materials used | $ | 190,400 |
Direct labor incurred (7,900 hours) | $ | 249,400 |
Actual manufacturing overhead incurred | $ | 273,300 |
Sawyer Company used a predetermined overhead rate using estimated overhead of $435,000 and 8,700 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,200. What was cost of goods manufactured?
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