Question
The following information is available to Murray Manufacturing at the end of the year: Beginning inventory of raw materials 6,000 Ending inventory of raw materials
The following information is available to Murray Manufacturing at the end of the year:
Beginning inventory of raw materials | 6,000 |
Ending inventory of raw materials | $8,000 |
purchased materials | 13,000 |
Direct labour | 4,000 |
Manufacturing overhead applied | 15,000 |
Initial work-in-process inventory | 8,000 |
Finishing work on process inventory | 5,000 |
What was the cost of goods manufactured during the period?
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
