Question: Information for the Acme Manufacturing Company follows:
Beginning raw materials inventory..........
|
$53,200
|
Beginning goods in process, inventory.......
|
78,400
|
Ending raw materials inventory..........
|
58,100
|
Ending goods in process, inventory...........
|
98,000
|
Direct labor.................
|
149,800
|
Total factory overhead...........
|
105,000
|
Raw materials purchases.........
|
210,000
|
Compute the cost of goods manufactured for this company.