Sawyer Company had the following information for the year: Direct materials used $ 197,600 Direct...
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Accounting
Sawyer Company had the following information for the year:
Direct materials used $ 197,600
Direct labor incurred (7,300 hours) $ 253,700
Actual manufacturing overhead incurred $ 275,200
Sawyer Company used a predetermined overhead rate using estimated overhead of $348,500 and 8,500 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,000. What was cost of goods manufactured?
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