Answer:
Cost of Goods Sold = $12,600
Explanation:
Inventories:
Beginning Direct materials $300
+Direct material purchases $4,200
-Ending Direct materials <u> $250</u>
Direct Material used $4,250
+Direct labor $3,000
+Manufacturing overhead <u> $5,000</u>
Total Manufacturing Cost $12,250
+Beginning Work in process $400
-Ending Work in process <u> $200</u>
Cost of Goods Manufactured $12,450
+Beginning Finished goods $500
-Ending Finished goods <u> $350</u>
Cost of Goods Sold $12,600