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Reference: 14_02
the Following Information Is Available for Talking Toys

question 81

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Reference: 14_02
The following information is available for Talking Toys, Inc. for the current year:
 Direct materials used $12,500 Goods in process, January 1 50,000 Goods in process, December 31 37,000 Total Factory overhead 5,500 Direct labor used 26,500\begin{array}{lr}\text { Direct materials used } & \$ 12,500 \\\text { Goods in process, January 1 } & 50,000 \\\text { Goods in process, December 31 } & 37,000 \\\text { Total Factory overhead } & 5,500 \\\text { Direct labor used } & 26,500\end{array}
-The total manufacturing costs incurred during the year were:


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