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Calculate the cost of goods manufactured for may

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Reference no: EM132572228

Bryant Company incurred costs of $50,000 for direct materials (raw) purchased. Direct labor was $60,000 and factory overhead was $35,000 for May.

Inventories were as follows:

Raw materials beginning $14,000; raw materials ending $10,000

Work-in-process beginning $24,000; work-in-process ending $36,000

Finished goods beginning $10,000; finished goods ending $25,000

Required:

Question 1: Calculate the cost of goods manufactured for May for Bryant Company.

Reference no: EM132572228

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