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The following cost information is presented for Phoenix Ltd. for the most recent period. Cost of direct material used in manufacturing$93,200Direct labour costs26,200Manufacturing overhead7,700Sales commissions
The following cost information is presented for Phoenix Ltd. for the most recent period.
Cost of direct material used in manufacturing$93,200Direct labour costs26,200Manufacturing overhead7,700Sales commissions at 8% of sales33,200Opening finished goods inventory10,200Opening work-in-process inventory7,200Ending finished goods inventory23,200Ending work-in-process inventory18,200
What was the cost of goods manufactured for Phoenix?
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