The following information pertains to the Petrie Company: $$\begin{array} { l r }
\text { Prime costs } & \$ 180,000 \
\text { Conversion costs } & 215,000 \
\text { Direct materials used } & 95,000 \
\text { Beginning work in process } & 75,000 \
\text { Ending work in process } & 65,000
\end{array}$$ Required: Determine the cost of goods manufactured.

Question

The following information pertains to the Petrie Company: $$\begin{array} { l r } 
\text { Prime costs } & \$ 180,000 \
\text { Conversion costs } & 215,000 \
\text { Direct materials used } & 95,000 \
\text { Beginning work in process } & 75,000 \
\text { Ending work in process } & 65,000
\end{array}$$ Required: Determine the cost of goods manufactured.

Quizplus · Accepted Answer

The Answer of The following information pertains to the Petrie Company: $$\begin{array} { l r } 
\text { Prime costs } & \$ 180,000 \
\text { Conversion costs } & 215,000 \
\text { Direct materials used } & 95,000 \
\text { Beginning work in process } & 75,000 \
\text { Ending work in process } & 65,000
\end{array}$$ Required: Determine the cost of goods manufactured.

The Following Information Pertains to the Petrie Company Required: Determine the Cost of Goods Manufactured