Compute total cost of ending finished goods inventory

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Reference no: EM132821606

Operations for the month ending September 30

Administrative costs$30,000

Depreciation on factory equipment 12,000

Indirect materials 2,000

Marketing and distribution costs 24,000

Salaries for factory supervisors 20,000

Wages for production workers 26,000

Raw materials used 38,000

Sales revenue 196,000

Selling costs 18,000

Utilities for production facilities 8,000

Number of units produced 20,000 Number of units sold 15,000

Problem a: Compute the following:

1) Total manufacturing overhead costs
2) Total product costs
3) Total cost of ending finished goods inventory
4) Total cost of goods sold

Reference no: EM132821606

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