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Using the Information Below for Laurels Company; Determine the Cost

question 150

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Using the information below for Laurels Company; determine the cost of goods manufactured during the current year:  Direct materials used $5,000 Direct Labor 7,000 Total Factory overhead 5,100 Beginning work in process 3,000 Ending work in process 4,000\begin{array} { l | r } \text { Direct materials used } & \$ 5 , 0 0 0 \\\hline \text { Direct Labor } & 7,000 \\\hline \text { Total Factory overhead } & 5,100 \\\hline \text { Beginning work in process } & 3,000 \\\hline \text { Ending work in process } & 4,000\end{array}


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