The following information was extracted from the accounting records of Roosevelt Manufacturing Company:   Direct materials purchased 80,000 Direct materials used 76,000 Direct manufacturing labor costs 10,000 Indirect manufacturing labor costs 12,000 Sales salaries 14,000 Other plant expenses 22,000 Selling and administrative expenses 20,000   What was the cost of goods manufactured?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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  1. The following information was extracted from the accounting records of Roosevelt Manufacturing Company:

 

Direct materials purchased

80,000

Direct materials used

76,000

Direct manufacturing labor costs

10,000

Indirect manufacturing labor costs

12,000

Sales salaries

14,000

Other plant expenses

22,000

Selling and administrative expenses

20,000

 

What was the cost of goods manufactured?

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