Beginning work in process inventory $1,080,000 Beginning raw materials inventory Ending work in process inventory 300,000 900,000 Ending raw materials inventory Raw materials purchased 480,000 960,000 Direct labor 900,000 Manufacturing overhead 720,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Beginning work in process inventory
$1,080,000
Beginning raw materials inventory
300,000
Ending work in process inventory
900,000
Ending raw materials inventory
Raw materials purchased
480,000
960,000
Direct labor
900,000
Manufacturing overhead
Laflin Company's cost of goods manufactured for the year
720,000
is
Transcribed Image Text:Beginning work in process inventory $1,080,000 Beginning raw materials inventory 300,000 Ending work in process inventory 900,000 Ending raw materials inventory Raw materials purchased 480,000 960,000 Direct labor 900,000 Manufacturing overhead Laflin Company's cost of goods manufactured for the year 720,000 is
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