Information for Underwood Industries is presented below. Compute the cost of goods manufactured.

$\begin{array}{|l|r|r|}
\hline& \text { Beginning } & \text { Ending } \
\hline \text { Raw materials inventory } & \$ 26,800 & \$ 30,100 \
\hline \text { Work in process inventory } & 41,200 & 39,000 \\hline \text { Finished goods inventory } & 54,00 0& 53,500 \
\hline \text { Raw materials purchased } & 93,50 0 \\hline \text { Direct labor } & 61,000 \
\hline \text { Total factory overhead } & 117,300 \
\hline
\end{array}$

Question

Information for Underwood Industries is presented below. Compute the cost of goods manufactured.
 
$\begin{array}{|l|r|r|} 
\hline& \text { Beginning } & \text { Ending } \
\hline \text { Raw materials inventory } & \$ 26,800 & \$ 30,100 \
\hline \text { Work in process inventory } & 41,200 & 39,000 \\hline \text { Finished goods inventory } & 54,00 0& 53,500 \
\hline \text { Raw materials purchased } & 93,50 0 \\hline \text { Direct labor } & 61,000 \
\hline \text { Total factory overhead } & 117,300 \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Information for Underwood Industries is presented below. Compute the cost of goods manufactured.
 
$\begin{array}{|l|r|r|} 
\hline& \text { Beginning } & \text { Ending } \
\hline \text { Raw materials inventory } & \$ 26,800 & \$ 30,100 \
\hline \text { Work in process inventory } & 41,200 & 39,000 \\hline \text { Finished goods inventory } & 54,00 0& 53,500 \
\hline \text { Raw materials purchased } & 93,50 0 \\hline \text { Direct labor } & 61,000 \
\hline \text { Total factory overhead } & 117,300 \
\hline
\end{array}$

Information for Underwood Industries Is Presented Below