Chapter 14 Quiz 0 Saved Beginning finished goods inventory D
Chapter 14 Quiz 0 Saved Beginning finished goods inventory Direct labor Beginning work in process inventory General and administrative expenses Direct materials used Ending work in process inventory $12,400 32,200 8,800 15,100 42,100 10,600 7,900 11,100 15,100 9,100 2Be 800433Ending finished goods inventory indine eweods inventory Indirect materials Depreciation-factory equipment Multiple Choice $109,500 $119,700 $123,300 $104,600
Solution
Answer
104600
| Direct material used | 42100 | |
| Direct labour | 32200 | |
| Manufacturing overhead | ||
| Indirect labour | 7900 | |
| Indirect materials | 15100 | |
| Depreciation—factory equipment | 9100 | 32100 |
| Total manufacturing cost | 106400 | |
| Beginning work in process inventory | 8800 | |
| Total cost of work in process | 115200 | |
| Less: Ending work in process inventory | 10600 | |
| Cost of goods manufactured | 104600 | |
