Please show work Summit Manufacturing had $10,000 of direct materials on hand...
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Accounting
Please show work Summit Manufacturing had $10,000 of direct materials on hand at the beginning of the year and $9,000 on hand at the end of the year During the year, the company purchased $42,000 of direct msterials, and incurred $22,000 of direct labor and $17,000 of manufacturing overhead. The compeny had year n Work-in-Process iInventory at the beginning of the and $12,000 at the end of the year. What is the cost of goods manufactured for the year? O $68.000 O $82.000 O $96.000 O $94,000 O None of these
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