Business, 07.03.2020 04:15 genyjoannerubiera

Assuming that the total manufacturing costs are $3,400,000, compute the cost of goods manufactured using the information below.

Raw materials inventory, January 1 $ 30,000

Raw materials inventory, December 31 60,000

Work in process, January 1 27,000

Work in process, December 31 18,000

Finished goods, January 1 60,000

Finished goods, December 31 48,000

Raw materials purchases 1,800,000

Direct labor 890,000

Factory utilities 225,000

Indirect labor 75,000

Factory depreciation 500,000

Operating expenses 630,000

a. $3,421,000.

b. $3,391,000.

c. $3,409,000.

d. $3,142,000.

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Assuming that the total manufacturing costs are $3,400,000, compute the cost of goods manufactured u...