Fred co incurred costs of 800000 for direct materials raw


Fred Co. incurred costs of $800,000 for direct materials (raw) purchased. Direct labor was $5,000 and factory overhead was $15,000 for March.

Inventories were as follows:

Raw materials beginning $2,000; raw materials ending $4,000;                  

Work-in-process beginning $210,000; work-in-process ending $190,000;

Finished goods beginning $13,000; finished goods ending $12,500;

What is the cost of goods manufactured? Please show your work

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Financial Accounting: Fred co incurred costs of 800000 for direct materials raw
Reference No:- TGS01107656

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