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Laramie Technologies Has the Following Data:​​ Calculate the Cost of Goods Manufactured

Question 242

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Laramie Technologies has the following data:​​  Work in process inventory, beginning $45,000 Work in process inventory, ending 32,000 Direct labor costs 56,000 Cost of materials used 50,000 Factory overhead 28,000\begin{array} { l r } \text { Work in process inventory, beginning } & \$ 45,000 \\\text { Work in process inventory, ending } & 32,000 \\\text { Direct labor costs } & 56,000 \\\text { Cost of materials used } & 50,000 \\\text { Factory overhead } & 28,000\end{array} Calculate the cost of goods manufactured.

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