What is the cost of goods manufactured Benton Manufacturing reports the following items:Work in process inventory, beginning balance $2,000Work in process inventory, ending balance$4,500Direct materials$6,500Direct labor$8,200Factory overhead$5,000What is the cost of goods manufactured?

Concept of Work in Process Inventory (Beginning and Ending Balance):Work in process inventory refers…

Answered: Benton Manufacturing reports the…

Principles of Accounting Volume 2

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ISBN:9781947172609

Author:OpenStax

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Chapter4: Job Order Costing

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Problem 5EB: Steinways records show their work in process Inventory had a beginning balance of $3,000 and an...

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Sterlings records show the work in process Inventory had a beginning balance of $4000 and an ending balance of $3,000. How much direct labor was incurred if the records also show :
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Benton Manufacturing reports the following items: Work in process inventory, beginning balance $2,000 Work in process inventory, ending balance $4,500 Direct materials $6,500 Direct labor $8,200 Factory overhead $5,000 What is the cost of goods manufactured?