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4 June, 18:24

Using the information below for Sundar Company; determine the cost of goods manufactured during the current year:Direct materials used $19,200Direct labor used 24,700Factory overhead 54,100Beginning work in process 10,900Ending work in process 11,500a. $78,200. b. $43,900. c. $97,400. d. $43,300. e. $98,000.

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  1. 4 June, 18:29
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    c. $97,400

    Explanation:

    The formula to compute the cost of goods manufactured is shown below:

    = Direct material used + Direct labor used + Manufacturing Overhead

    where,

    Manufacturing Overhead would be

    = Factory overhead + Beginning work-in-process - Ending work-in-process

    = $54,100 + $10,900 - $11,500

    = $53,500

    Now the value would be

    = $19,200 + $24,700 + $53,500

    = $97,400
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