Reference no: EM132971254
Problem - Liza Company manufactures special machines according to customer's specifications. The following data were available at the beginning and ending of April:
Materials inventory, beginning: 32,400
Materials inventory, ending: 34,000
Work in process inventory, beginning: 7,200
Work in process, ending: 16,240
Finished goods inventory, beginning: 8,000
Finished goods inventory, ending: 6,000
During April, direct materials purchased amount to 40,000, direct labor incurred totaled 33,000, and factory overhead was 17,160. How much is the cost of goods manufactured for April?
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: During April, direct materials purchased amount to 40,000, direct labor incurred totaled 33,000, and factory overhead was 17,160. How much is the cost of goods
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