Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory $ 12,700 Direct labor 32,500 Beginning work in process inventory 9,100 General and administrative expenses 15,400 Direct materials used 42,400 Ending work in process inventory 10,900 Indirect labor 8,200 Ending finished goods inventory 11,400 Indirect materials 15,400 Depreciation-factory equipment 9,400

The cost of goods manufactured is $73100.

Explanation:

total manufacturing costs = Direct materials used + Direct labor

= $42,400 + $32,500

= $74900

total work in process = total manufacturing costs + Beginning work in process inventory

= $74900 + $9,100

= $84000

cost of goods manufactured = total work in process - Ending work in process inventory

= $84000 - $10,900

= $73100

Therefore, the cost of goods manufactured is $73100.