Reference no: EM132713951
Problem - Glenville Company has the following information for April:
Cost of direct materials used in production $280,000
Direct labor 324,000
Factory overhead 188,900
Work in process inventory, April 1 72,300
Work in process inventory, April 30 76,600
Finished goods inventory, April 1 39,600
Finished goods inventory, April 30 41,200
Required -
1. For April, determine the cost of goods manufactured.
2. For April, determine the cost of goods sold.