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What cost of goods manufactured for February

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Question - Inventory balances for the James Enterprises in February 2020 are as follows:

February 1, 2020 February 28, 2020

Raw materials $27,000 $21,000

Work in process 48,000 37,200

Finished goods 108,000 90,000

During February, purchases of direct materials were $36,000. Direct labor and factory overhead costs were $60,000 and $84,000, respectively.

Using the information in the previous question, what cost of goods manufactured for February?

Reference no: EM132910464

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