Answer:
Cost of Goods Sold is $4,200.
Explanation:
<u>Cost of Goods Sold</u>
Beginning Direct Materials $300
+ Material Purchases $1,400
- Ending Direct Materials <u>$400</u>
Total material Cost $1,300
Direct Labor $1,500
Manufacturing Overhead <u>$1,600</u>
Total manufacturing Cost $4,400
+ Beginning Work-in-Process $500
- Ending Work-in-Process <u>$600</u>
Cost of Goods Manufactured $4,300
+ Beginning Finished Goods, $700
- Ending Finished Goods, <u>$800</u>
Cot of Goods Sold <u>$4,200</u>