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

Question

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

Quizplus · Accepted Answer

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

Information for Underwood Industries Is Presented Below