ABC Corporation reported the following data for the month of January:
Inventories:
Begi...
ABC Corporation reported the following data for the month of January:
Inventories:
Beginning
Ending
Raw materials
46,000
34,000
Work in process
31,000
29,000
Finished goods
27,000
55,000
Additional information:
Raw materials purchases
79,000
Direct labor cost
93,000
Manufacturing overhead cost incurred
54,000
Indirect materials included in manufacturing overhead cost incurred
8,000
Manufacturing overhead cost applied to Work in Process
57,000
Calculate cost of goods sold during the month of January?
Answers: 3
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