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What is the cost of goods sold manufactured

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Reference no: EM133168665

Question - The bakery has determined the cost of direct materials used to be $106,000.

Beginning Direct Materials: $5000

Ending Direct Materials: $4000

Beginning Work-in-Process Inventory: $4000

Ending Work-in-Process Inventory: $3000

Beginning Finished Goods Inventory: $3000

Ending Finished Goods Inventory: $5000

Direct Labor: $31000

Purchases of Direct Materials: $105,000

Manufacturing Overhead: $18000

Required - What is the cost of goods sold manufactured?

Reference no: EM133168665

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