wwww In Lyra Enterprises, for the year 2020, what is the cost of goods manufactured if the beginning work in process was $45,000, ending work in process was $38,000, raw materials used were $85,000, direct labor was $58,000, manufacturing overhead was $32,000, and legal fees were $8,000?

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter5: Process Costing
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In Lyra Enterprises, for the year 2020, what
is the cost of goods manufactured if the
beginning work in process was $45,000,
ending work in process was $38,000, raw
materials used were $85,000, direct labor
was $58,000, manufacturing overhead was
$32,000, and legal fees were $8,000?
Transcribed Image Text:wwww In Lyra Enterprises, for the year 2020, what is the cost of goods manufactured if the beginning work in process was $45,000, ending work in process was $38,000, raw materials used were $85,000, direct labor was $58,000, manufacturing overhead was $32,000, and legal fees were $8,000?
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