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In: Accounting

The following information was extracted from the accounting records of Manufacturing​ Company: What was the cost...

The following information was extracted from the accounting records of Manufacturing​ Company: What was the cost of goods​ manufactured? a) 129,500 b) 182,000 c) 124,000 d) 162,000

Direct materials purchased $82,000 Direct materials used 84,000 Direct manufacturing labor costs 10,500 Indirect manufacturing labor costs 11,500 Sales salaries 16,000 Other plant expenses 18,000 Selling and administrative expenses 22,000

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Expert Solution

Direct materials $             84,000
Direct labors $             10,500
Indirect manufacturing cost $             11,500
Other plant expenses $             18,000
Cost of goods manufactured $          1,24,000

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