At September 1, 2018, Swifty Co. reported stockholders’ equity of $156000. During the month, Swifty generated revenues of $37400
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The Cost of the goods manufactured is $217,510.00 and the Cost of the goods sold is $210,700.00.
<h3>What is Overhead?</h3>The term overhead refers to a company's continuing operating expenses but does not include the direct expenditures involved in producing a good or service.There are both fixed and variable overhead charges.
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Thus the manufactured cost of the goods refers to those in which the expenses incurred at the time of manufacturing a good. The cost of the manufactured goods is $217,510.00.
The cost of the goods sold is $210,700.00.
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