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Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: (Click the icon to view the information.)

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Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: (Click the icon to view the information.) First, compute cost of goods manufactured. Schedule of Cost of Goods Manufactured x Direct Materials Used: Data Table Balances: Beginning $ 20,000 Ending $ 30,000 42,000 37,000 Direct Materials Used Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Purchases of direct materials 17,000 29,000 $ 78,000 Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For Direct labor Manufacturing overhead 87,000 45,000 Cost of Goods Manufactured Print Done

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