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shepuryov [24]
3 years ago
9

Cullumber Company incurred the following costs while manufacturing its product.

Business
1 answer:
kati45 [8]3 years ago
5 0

Answer:

$328,400

Explanation:

Cost of Goods Manufactured is calculated in Manufacturing Account as follows :

<em>Cost of Goods Manufactured = Beginning Work In Process Inventory + Total Manufacturing Costs - Ending Work In Process Inventory</em>

therefore,

Cost of Goods Manufactured = $13,000 + ($121,000 + $61,000 + $15,000 + $111,000 + $24,000) - $16,600

                                                 = $328,400

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