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What is cost of goods manufactured for the year

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Reference no: EM131736159

Question - The accounting records of Jako Co contain the following information:

  • Raw Materials Used: $73,909
  • Direct Labor: $121,224
  • Manufacturing Overhead Incurred: $337,854
  • Work-in-Process inventory, Jan 1: $56,409
  • Work-in-Process inventory, Dec 31: $65,904
  • Finished Goods inventory, Jan 1: $201,277
  • Finished Goods inventory, Dec 31: $177,904

What is Cost of Goods Manufactured for the year?

Reference no: EM131736159

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