Solution-Find the cost of goods manufactured for july is

Find the cost of goods manufactured for july is

Assignment Help Managerial Accounting

Reference no: EM132579556

Chavez Corporation reported the following data for the month of July:

Inventories:

Beginning Ending

Raw materials $33,000 $33,000

Work in process $19,000 $23,000

Finished goods $35,000 $50,000

Additional information:

Raw materials purchases $69,000

Direct labor cost $94,000

Manufacturing overhead cost incurred $62,000

Indirect materials included in manufacturing overhead cost incurred $9,200

Manufacturing overhead cost applied to Work in Process $61,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

Question 1: The cost of goods manufactured for July is:

Reference no: EM132579556

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Find the cost of goods manufactured for july is

Reference no: EM132579556

Reference no: EM132579556

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