Glenville Company has the following information for April:Cost of direct materials used in production $280,000Direct labor 324,000Factory overhead 188,900Work in process inventory, April 1 72,300Work in process inventory, April 30 76,800Finished goods inventory, April 1 39,600Finished goods inventory, April 30 41,200For April, determine (a) the cost of goods manufactured and (b) the cost of goods sold.
Glenville Company has the following information for April:
Cost of direct materials used in production $280,000
Direct labor 324,000
Factory
Work in process inventory, April 1 72,300
Work in process inventory, April 30 76,800
Finished goods inventory, April 1 39,600
Finished goods inventory, April 30 41,200
For April, determine (a) the cost of goods manufactured and (b) the cost of goods sold.
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