Deja Brew Company reported the following for the most recently completed fiscal ye Work-in-Process Inventory. Beginning Work-in-Process Inventory, Ending Finished Goods Inventory, Beginning Finished Goods Inventory, Ending $63,500 Raw Materials Purchased $109,600 58,200 Direct Labor 180,800 Manufacturing Overhead Cost of Goods Manufactured 36,600 95,900 34,500 391,200 Calculate cost of goods sold for the year.

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 27E: Selected information concerning the operations of a company for the year ended December 31 is as...
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QUESTION 2
Deja Brew Company reported the following for the most recently completed fiscal year:
Work-in-Process Inventory.
Beginning
Work-in-Process Inventory,
Ending
Finished Goods Inventory,
Beginning
Finished Goods Inventory,
Ending
Raw Materials
Purchased
$63,500
$109,600
58,200
Direct Labor
180,800
Manufacturing
Overhead
Cost of Goods
Manufactured
36,600
95,900
34,500
391,200
Calculate cost of goods sold for the year.
Transcribed Image Text:QUESTION 2 Deja Brew Company reported the following for the most recently completed fiscal year: Work-in-Process Inventory. Beginning Work-in-Process Inventory, Ending Finished Goods Inventory, Beginning Finished Goods Inventory, Ending Raw Materials Purchased $63,500 $109,600 58,200 Direct Labor 180,800 Manufacturing Overhead Cost of Goods Manufactured 36,600 95,900 34,500 391,200 Calculate cost of goods sold for the year.
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