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Under T&T's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During January, T&T's transactions included the following:
Direct materials issued to production $ 90,000
Indirect materials issued to production $ 8,000
Manufacturing overhead cost incurred $125,000
Manufacturing overhead cost applied $113,000
Direct labour cost incurred $107,000
Lamprey Company had no beginning or ending inventories. What was the cost of goods manufactured for Januarry Lamprey Company had no beginning or ending inventories. What was the cost of goods manufactured for January
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