The companys cost of raw materials used cost of goods


The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the Duerr Company follows:

Beginning raw materials inventory$20,000

Ending raw materials inventory 23,000

Raw material purchases 97,000

Beginning work in process inventory 32,000

Ending work in process inventory 42,000

Direct labor 122,000

Total factory overhead 97,000

Beginning finished goods inventory 72,000

Ending finished goods inventory 52,000

The company's cost of raw materials used, cost of goods manufactured and cost of goods sold is ?

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Managerial Accounting: The companys cost of raw materials used cost of goods
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