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Costs of Goods Manufactured

The following selected information was extracted from the 20x3 accounting records of Baker Products:

Raw Materials Used $284,000

Direct Labor 178,000

Indirect Labor 35,000

Selling & Admin. Salaries 330,000

Factory Depreciation 231,000

Selling & Admin Depreciation 99,000

Other Selling & Admin Expenses 80,000

Factory Maintenance and Taxes 620,000

The company's beginning and ending work-in-process inventories amounted to $306,000 and $245,000, respectively. The company's beginning and ending finished-goods inventories were $450,000 and $440,000, respectively. Calculate Midina's cost of goods manufactured.

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The following selected information was extracted from the 20x3 accounting records of Baker Products:

Raw Materials Used $284,000

...

$2.19