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Cost of Goods Manufactured for a Manufacturing Company
The following information is available for Fuller Manufacturing Company for the month ending January 31:
Costs Type | Amount |
Cost of direct materials used in production | $1,287,200 |
Direct labor | 1,720,500 |
Work in process inventory, January 1 | 430,400 |
Work in process inventory, January 31 | 391,200 |
Total factory overhead | 3,600,700 |
Determine Fuller Manufacturings cost of goods manufactured for the month ended January 31.
Costs Type | Amount | Amount |
Work in process inventory, January 1 | | ? |
Manufacturing costs incurred during January: | | |
Cost of direct materials used in production | ? | |
direct labor | ? | |
Factory overhead | ? | |
Total manufacturing costs incurred | | ? |
Total manufacturing costs | | ? |
Work in process inventory, January 31 | | ? |
Cost of goods manufactured | | ? |
Answer & Explanation
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