Beginning finished goods inventory Direct labor Beginning work in process inventory General and administrative expenses Direct materials used Ending work in process inventory Indirect labor Ending finished goods inventory Indirect materials Depreciation-factory equipment 114,900 105,500 100,600 118,500 104,200 $ 11,600 31,400 8,000 14,300 41,300 9,800 7,100 10,300 14,300 8,300

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use the following data to determine the cost of goods manufactured:
Beginning finished goods inventory
$ 11,600
Direct labor
Beginning work in process inventory
General and administrative expenses
Direct materials used
Ending work in process inventory
Indirect labor
Ending finished goods inventory
Indirect materials
Depreciation-factory equipment
114,900
105,500
100,600
118,500
104,200
31,400
8,000
14,300
41,300
9,800
7,100
10,300
14,300
8,300
Transcribed Image Text:Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory $ 11,600 Direct labor Beginning work in process inventory General and administrative expenses Direct materials used Ending work in process inventory Indirect labor Ending finished goods inventory Indirect materials Depreciation-factory equipment 114,900 105,500 100,600 118,500 104,200 31,400 8,000 14,300 41,300 9,800 7,100 10,300 14,300 8,300
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