# Calculate the cost of goods manufactured using the following information: Direct materials used $298,800 Calculate the cost of goods manufactured using the following information: Direct materials used$ 298,800 Direct labor used 132,300 Factory overhead costs 264,300 General and administrative expenses 85,800 Selling expenses 49,100 Work in Process inventory, January 1 118,800 Work in Process inventory, December 31 126,200 Finished goods inventory, January 1 232,400 Finished goods inventory, December 31 239,000

## Coates inc. experienced the following events in 2014, in its first year of operation: (1) received $20,000 ## Steven and Emily Campbell are planning to open a casual dining restaurant in downtown Akron, Ohio, and ## Roxy operates a dress shop in arlington, virginia. lisa, a maryland resident, comes in for a measurement ## Asap which statement is true? a. as the risk of an investment decreases, the opportunity of gains increases. ## Which tool or feature reduces speckling, dust particles, scratches, and minute light ## FIllmore Company began operations on Sept. 1 by purchasing$6000 of inventory and $600 of cleaning supplies. During the month, ## This Post Has 3 Comments 1. Expert says: The answer is b i think 2. lillysiege says:$687,100

Explanation:

Cost of Goods Manufactured = Raw Materials Used + Direct Labor + Factory Overhead +Beginning Work in Process - Ending Work in ProcessCost of Goods Manufactured = $298,500 +$132,000 + $264,000 +$118,500 - $125,900 =$687,100

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3. Expert says:

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