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Using the information below for Talking Toys, Inc., determine cost of goods manufactured for the year: Direct materials used... $12,500 process, January 1...... Goods in
Using the information below for Talking Toys, Inc., determine cost of goods manufactured for the year: Direct materials used... $12,500 process, January 1...... Goods in process, December 31. Total Factory overhead.... Direct labor used.. . . .. Goods in 50,000 37,000 5,500 26,500 $13,000. $44,500. $57,500 $94,500
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