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Stellar Electronics provided the following details: Item Amount Direct Materials $40,000 Direct Labor $30,000 Factory Overhead $20,000 Work in Progress (Beginning) $7,000 Work in Progress
Stellar Electronics provided the following details:
Item | Amount |
Direct Materials | $40,000 |
Direct Labor | $30,000 |
Factory Overhead | $20,000 |
Work in Progress (Beginning) | $7,000 |
Work in Progress (Ending) | $9,000 |
Finished Goods (Beginning) | $8,000 |
Finished Goods (Ending) | $11,000 |
Requirement: Calculate the total manufacturing cost and the cost of goods manufactured for Stellar Electronics.
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