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Find ghi cost of goods manufactured for the period was

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Reference no: EM132537500

The following cost data pertains to GHI Inc. for December 31st, 2019:

Beginning Work-in-Process:$20,000

Ending Work-in-Process:$10,000

Direct Materials Used:$20,000

Direct Costs Incurred in Production:$30,000

Actual Indirect costs incurred in Production:$40,000

Beginning Finished Goods Inventories:$40,000

Ending Finished Goods Inventories:$20,000

Sales:$190,000

Selling and Administrative Expenses:$40,000

Question 1: Find GHI's Cost of Goods Manufactured for the period was

Reference no: EM132537500

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