Given the following information determine the cost of goods

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Reference no: EM13592535

Given the following information, determine the cost of goods manufactured and the cost of goods sold for the year ended December 31, 20X9.

Direct labor incurred $126,000
Manufacturing overhead incurred 359,000
Direct materials used 271,000
Finished goods inventory, 1/1/20X9 395,000
Finished goods inventory, 12/31/20X9 442,000
Work in process inventory, 1/1/20X9 193,000
Work in process inventory, 12/31/20X9 218,000

Reference no: EM13592535

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