Demur Inc., a manufacturing company, has provided the following data for the month of April. The balance in the Work-in-Process Inventory account was $11,200 at the beginning of the month and $23,200 at the end of the month. During the month, the company incurred direct materials cost of $64,200 and direct labor cost of $40,200. The actual manufacturing overhead cost incurred was $41,200. The manufacturing overhead cost applied to Work-in-Process was $44,200. The cost of goods manufactured for April was

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Zaid

Business

28 July, 10:27

Demur Inc., a manufacturing company, has provided the following data for the month of April. The balance in the Work-in-Process Inventory account was $11,200 at the beginning of the month and $23,200 at the end of the month. During the month, the company incurred direct materials cost of $64,200 and direct labor cost of $40,200. The actual manufacturing overhead cost incurred was $41,200. The manufacturing overhead cost applied to Work-in-Process was $44,200. The cost of goods manufactured for April was

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Blackburn · Answer 1

The cost of goods manufactured for April was $136,600.

Explanation:

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing overhead applied + Beginning work in process inventory - Ending work in process inventory

= $64,200 + $40,200 + $44,200 + $11,200 - $23,200 = $136,600