Data for the Shady Sales Company for the month of October is as follows:
| Beginning |
Ending |
| Raw material inventory |
$60,000 |
$70,000 |
| Work in process inventory |
$85,000 |
$65,000 |
| Finished goods inventory |
$100,000 |
$110,000 |
| Raw materials purchased |
$75,000 |
|
| Direct Labor |
$90,000 |
|
| Factory Utilities |
$45,000 |
|
| Administrative Salaries |
$35,000 |
|
| Factory Rent |
$60,000 |
|
Cost of goods manufactured in October is: