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The following cost data pertains to GHI Inc. for December 31 st , 2019: Beginning Work-in-Process:$20,000Ending Work-in-Process:$10,000Direct Materials Used:$20,000Direct Costs Incurred in Production:$30,000Actual Indirect costs
The following cost data pertains to GHI Inc. for December 31st, 2019:
Beginning Work-in-Process:$20,000Ending Work-in-Process:$10,000Direct Materials Used:$20,000Direct Costs Incurred in Production:$30,000Actual Indirect costs incurred in Production:$40,000Beginning Finished Goods Inventories:$40,000Ending Finished Goods Inventories:$20,000Sales:$190,000Selling and Administrative Expenses:$40,000
GHI's Cost of Goods Manufactured for the period was:
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