Bramble Corp. reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw materials inventory 300000 Ending work in process inventory 900000 Ending raw materials inventory 480000 Raw materials purchased 960000 Direct labor 910000 Manufacturing overhead 730000 Bramble Corp.'s cost of goods manufactured for the year is

Respuesta :

Zviko

Answer:

$2,600,000

Explanation:

Cost of goods manufactured

Consider all the manufacturing costs in the calculation to determine the cost of goods manufactured.

Cost of goods manufactured = $1,080,000  + $780,000 + $910,000 + $730,000 - $900,000

                                                  = $2,600,000

Notes :

Raw Materials used in Production = $300,000 + $960,000 - $480,000

                                                           = $780,000

therefore,

Bramble Corp.'s cost of goods manufactured for the year is $2,600,000.