Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:

$\begin{array}{lr}
\text { Direct materials used } & 5,000 \
\text { Direct labor } & 7,000 \
\text { Total factory overhead } & 5,100 \
\text { Beginning work in process } & 3,000 \
\text { Ending work in process } & 4,000
\end{array}$
A) $12,000.
B) $16,100.
C) $17,100.
D) $18,100.
E) $13,600.

Question

Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:

$\begin{array}{lr}
\text { Direct materials used } & 5,000 \
\text { Direct labor } & 7,000 \
\text { Total factory overhead } & 5,100 \
\text { Beginning work in process } & 3,000 \
\text { Ending work in process } & 4,000
\end{array}$
A) $12,000.
B) $16,100.
C) $17,100.
D) $18,100.
E) $13,600.

Quizplus · Accepted Answer

Cost of goods manufactured = Direct materials used + Direct labor + Total factory overhead + Beginning work in process - Ending work in process= 5,000 + 7,000 + 5,100 + 3,000 - 4,000= $16,100

Use the Cost Information Below for Laurels Company to Determine