Direct materials: Beginning inventory $25,000 Purchases 77,000 Ending inventory 13,000 Direct manufacturing labor 20,000 Manufacturing overhead 15,000 Ending work-in-process inventory 5,000 Beginning work-in-process inventory 1,000 Ending finished good inventory 20,000 Beginning finished goods inventory 30,000 What is the cost of direct materials used? What is the cost of goods manufactured during What is the conversion costs What is cost of goods sold during 2000
Direct materials:
Beginning inventory $25,000
Purchases 77,000
Ending inventory 13,000
Direct manufacturing labor 20,000
Manufacturing
Ending work-in-process inventory 5,000
Beginning work-in-process inventory 1,000
Ending finished good inventory 20,000
Beginning finished goods inventory 30,000
What is the cost of direct materials used?
What is the cost of goods manufactured during
What is the conversion costs
What is cost of goods sold during 2000
The cost of goods manufactured includes the cost of goods that are finished during the period. The cost of goods sold includes the cost of goods that are sold during the period.
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