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Use the following data to determine the cost of goods manufactured: 5. Beginning finished goods inventory Direct labor used B
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Answer #1

Schedule of cost of goods manufactured

Direct material used

40,500

Direct labor used

30,600

factory overheads :

Indirect labor

6,300

Indirect matreial

13,500

Depreciation - factory equipment

7,500

Total factory overheads :

27,300

Total manufacturing cost

98,400

Work in process, beginning

7,200

Work in process, ending

-9,000

Cost of goods manufactured

$96,600

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