Posted: May 4th, 2016

Calculate the cost of goods manufactured for the month and show work calculation?

Kepler’s Fudge Factory had the following information available for the month of September:

Beginning Ending
Raw materials inventory $41,000 $21,000
Work in process inventory $26,000 $36,000
Finished-goods inventory $31,000 $21,000
Raw material purchased $98,000
Direct labor (2,000 hrs. @9) 18,000
Overhead 51,000

Required:

Calculate the cost of goods manufactured for the month and show work calculationKepler’s Fudge Factory had the following information available for the month of September:

Beginning Ending
Raw materials inventory $41,000 $21,000
Work in process inventory $26,000 $36,000
Finished-goods inventory $31,000 $21,000
Raw material purchased $98,000
Direct labor (2,000 hrs. @9) 18,000
Overhead 51,000

Required:

Calculate the cost of goods manufactured for the month and show work calculation.

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