Reference no: EM132537026
Costs of goods manufactured of Vaughn Company are shown below:
Vaughn Company
Cost of Goods Manufactured
Year Ended December 31, 2020
Beginning work in process $15500
Direct materials:
Beginning raw materials $13700
Raw material purchases 21700
Total raw materials available for use 35400
Ending raw materials 5900
Direct materials used 29500
Direct Labour 5500
Total manufacturing overhead 10000
Ending work in process 17900
Cost of Goods Manufactured $42600
Question 1: How much is the total manufacturing cost?
Option 1: $14000
Option 2: $19500
Option 3: $45000
Option 4: $42600