Copy of Mody Inc. has provided the following data for the month of July. The...
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Accounting
Copy of Mody Inc. has provided the following data for the month of July. The balance in the Work in Process inventory account was $20,000 at the beginning of the month and $10,000 at the end of the month. During the month, the Corporation incurred direct materials cost of $50,000 and direct labor cost of $25,000. The actual manufacturing overhead cost incurred was $58,000. The manufacturing overhead cost applied to Work in Process was $56,000. How much is the cost of goods manufactured
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