Chapter 14, Problem 13E

To determine

Cost of Goods Manufactured:

Cost of the goods manufactured is the cost that has been allocated to the materials or processes that are completed or still in process to be completed.

Overhead:

Overheads are the cost and the expenses a company incurs of the production of a particular goods or services which are not directly related to the production. It does not include labor and direct material.

To compute: Cost of goods manufactured.