Reference no: EM133020270
Question - The following cost information is presented for Phoenix Ltd. for the most recent period.
Cost of direct material used in manufacturing $93,200
Direct labour costs 26,200
Manufacturing overhead 7,700
Sales commissions at 8% of sales 33,200
Opening finished goods inventory 10,200
Opening work-in-process inventory 7,200
Ending finished goods inventory 23,200
Ending work-in-process inventory 18,200
Required - What was the cost of goods manufactured for Phoenix?