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From the Following Information Calculate Total Manufacturing Costs and Cost

Question 52

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From the following information calculate total manufacturing costs and cost of goods manufactured.
 Raw Materials Inventory, 5ep. 1 $3,000 Raw Materials Inventory, 5ep. 30 4,000 Work-in-Process inventory, 5ep. 1 5,000 Work-in-Process Inventory, 5ep. 30 4,000 Raw Materials Purchased 7,000 Direct Labor 8,000 Depreciation Expense 6,000 Factory Utilities 2,000\begin{array} { l l } \text { Raw Materials Inventory, 5ep. 1 } & \$ 3,000 \\\text { Raw Materials Inventory, 5ep. 30 } & 4,000 \\\text { Work-in-Process inventory, 5ep. 1 } & 5,000 \\\text { Work-in-Process Inventory, 5ep. 30 } & 4,000 \\\text { Raw Materials Purchased } & 7,000 \\\text { Direct Labor } & \mathbf { 8 } , 000 \\\text { Depreciation Expense } & \mathbf { 6 } , 000 \\\text { Factory Utilities } & 2,000\end{array}

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