Answer:
76,800
Explanation:
Given that,
Raw materials inventory, beginning = $1,200
Raw materials inventory, ending = 1,400
Work in process inventory, beginning = 7,100
Work in process inventory, ending = 6,800
Raw materials acquired = 27,800
Cost of direct materials used in production = 27,600
Sales commissions to sell clackers = 2,100
Direct labor cost = 20,000
Total manufacturing overhead = 28,900
Cost of goods manufactured is determined the overall value of goods produced during a particular year and it is ready for sale. It includes all of the expenses that are incurred to convert the inventory in process into finished goods.
Cost of goods manufactured in June:
= Cost of direct material used in production + Direct Labor cost + Manufacturing Overhead + (Beginning work in process - Ending work in process Ending)
= 27,600 + 20,000 + 28,900 + (7,100 - 6,800)
= 76,800
