Reference no: EM132537026

Costs of goods manufactured of Vaughn Company are shown below:

Vaughn Company

Cost of Goods Manufactured

Year Ended December 31, 2020

Beginning work in process                         $15500

Direct materials:

Beginning raw materials                             $13700

Raw material purchases                              21700

Total raw materials available for use                35400

Ending raw materials                                      5900

Direct materials used                                      29500

Direct Labour                                                5500

Total manufacturing overhead                          10000

Ending work in process                                       17900

Cost of Goods Manufactured                                 $42600

Question 1: How much is the total manufacturing cost?

Option 1: $14000

Option 2: $19500

Option 3: $45000

Option 4: $42600