Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $ 43,200 Direct materials used 58,250 Direct labor used 14,000 Factory supervisor salary 8,800 Salesperson commissions 6,000 Depreciation expense-Factory building 3,700 Depreciation expense-Delivery equipment 3,400 Indirect materials 1,800

Cost of good manufactured = $86550

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured = Beginning work in progress + direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress = 0

Direct materials = beginning inventory + purchase - ending inventory = 58250

Direct labor = 14000

Manufactured overhead=Factory supervisor salary + Depreciation expense Factory building + Indirect materials = 8800 + 3700 + 1800 = 14300

Ending work in progress = 0

Cost of good manufactured = 58250 + 14000 + 14300 = $86550