Question
Using the following data for July, calculate the cost of goods manufactured: Direct materials used........................................................................... $36,000 Direct labor incurred........................................................................... $20,000 Manufacturing overhead costs incurred. $19,000
Using the following data for July, calculate the cost of goods manufactured:
Direct materials used...........................................................................
$36,000
Direct labor incurred...........................................................................
$20,000
Manufacturing overhead costs incurred.
$19,000
Beginning work in process inventory...........................................................................
$10,000
Ending work in process inventory...........................................................................
$13,000
The cost of goods manufactured was:
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