Using 2419000 as the total manufacturing costs compute the

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Using $2,419,000 as the total manufacturing costs, compute the cost of goods manufactured using the following information.

Raw materials inventory, January 1

$ 29,800

Raw materials inventory, December 31

36,100

Work in process, January 1

22,000

Work in process, December 31

28,100

Finished goods, January 1

45,000

Finished goods, December 31

37,300

Raw materials purchases

1,177,500

Direct labor

437,000

Factory utilities

143,000

Indirect labor

70,300

Factory depreciation

200,000

Operating expenses

346,000

Reference no: EM13569040

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