Answer:
Cost of goods manufactured $ 159,000
Explanation:
Direct materials:
Beginning raw materials inventory $ 14,000
Add: Purchases of raw materials 33,000
Total raw materials available 47,000
Less: Ending raw materials inventory 20,000
Raw materials used in production 27,000
Less: Indirect materials included in manufacturing overhead 4,000 23,000
Direct labor 58,000
Manufacturing overhead cost applied to work in process 91,000
Total manufacturing costs 172,000
Add: Beginning work in process inventory 57,000
Total 229,000
Less: Ending work in process inventory 70,000
Cost of goods manufactured $ 159,000
Therefore the direct materials cost for the month on the Schedule of Cost of Goods Manufactured is $159,000