Calculate the cost of goods manufactured for the year

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Reference no: EM132972001

Question - Tippy Cup Co. also incurred $10,550 for factory overhead and 250 hours of direct labor at $10.30 per hour. Using the cost of direct materials used calculated in question four, determine the total manufacturing costs incurred for the year.

As of January 1, 2021, Tippy Cup Co.'s work in process inventory had a beginning balance of $98,750. The ending balance of work in process inventory totaled $92,350. Using the information calculated in question five, calculate the cost of goods manufactured for the year.

Reference no: EM132972001

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