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Paha777 [63]
3 years ago
8

The following information is available for Ethtridge Manufacturing Company for the month ending July 31:

Business
1 answer:
Softa [21]3 years ago
6 0

Answer:

the cost of goods manufactured is $382,500

Explanation:

The computation of the cost of goods manufactured is shown below:

Cost of direct materials used in production $147,700

Direct labor 177,200

Work in process inventory, July 1 66,500

Total factory overhead 81,200

Less:

Work in process inventory, July 31 90,100

Cost of goods manufactured $382,500

Hence, the cost of goods manufactured is $382,500

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