Using the information below for Sundar Company determine the

Using the information below for Sundar Company, determine the cost of goods manufactured during the current year: 3 $19,900 25,400 50,600 11,600 12,200 Direct materials used Direct labor used 00:583Factory overhead Beginning work in process Ending work in process Multiple Choice $95,900. $45,300. $95,300 $44,700

Solution

C. $95,300

Cost of Goods Manufactured = Costs Added + Beginning Work in Process - Ending Work in Process

Cost of Goods Manufactured = ($19,900 + $25,400 + $50,600) + $11,600 - $12,200

Cost of Goods Manufactured = $95,300