New York University Operations And Supply Chain Management Assignment Help - Cost of goods sold

Question - The following information is available for Sappy's Surgical Shears for the fiscal year ending
December 31, 20XX.

Beginning balance in Finished Goods $ 17,000
Ending balance in Finished Goods 15,200
Beginning balance in Work in Process 2,500
Ending balance in W ork in Process 1,836
Selling expenses 123,000
General and administrative expenses 89,000
Direct material cost 54,500
Direct labor cost 66,000
Manufacturing overhead 21,400
Sales 385,000

Prepare a schedule of cost of goods manufactured.

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