Question - Use the information below from Garret Star Inc. for the current year:
Direct materials used $ 8,000
Direct labor 10,000
Total Factory Overhead 8,100
Beginning goods in process 6,000
Ending goods in process 7,000
Calculate the Garrett Star Inc.'s cost of goods manufactured during the current year?
$25,100.
$18,000.
$26,100.
$27,100.
$39,100.