Use the cost information below for Laurels Company to determine the manufacturing costs added during the current year:

Direct materials used $ 6,000

Direct labor used 8,000

Total factory overhead 6,100

Beginning work in process inventory 4,000

Ending work in process inventory 6,000

cost of goods manufactured = 18,100

Explanation:

Giving the following information:

Direct materials used $ 6,000

Direct labor used 8,000

Total factory overhead 6,100

Beginning work in process inventory 4,000

Ending work in process inventory 6,000

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

cost of goods manufactured = beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured = 4,000 + 6,000 + 8,000 + 6,100 - 6,000

cost of goods manufactured = 18,100