Reference no: EM132198333
Question - Calculate the cost of goods manufactured using the following information:
Direct materials $299,900
Direct labor 133,400
Factory overhead costs 265,400
General and administrative expenses 86,900
Selling expenses 50,200
Work in Process inventory, January 1 119,900
Work in Process inventory, December 31 127,300
Finished goods inventory, January 1 233,500
Finished goods inventory, December 31 240,100
$698,700.
$691,300.
$706,100.
$684,700.
$778,200.