Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. Work in process inventory, August 1 $3,100   $25,100   (e) Total manufacturing costs incurred during August 21,400   (c)   147,400 Total manufacturing costs (a)   $293,700   $160,000 Work in process inventory, August 31 4,700   61,700   (f) Cost of goods manufactured (b)   (d)   $134,400 a. $_____ b. $_____ c. $_____ d. $_____ e. $_____ f. $_____

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.