first, compute cost of goods manufactured. schedule of cost of goods manufactured beginning work-in-process inventory 38000 direct materials used: beginning direct materials 28000 purchases of direct materials 7 direct materials available for use 98000 ending direct materials (33000) direct materials used 65000 direct labor 8 manufacturing overhead 38000 total manufacturing costs incurred during the year 183000 total manufacturing costs to account for 145000 ▼ cost of goods manufactured

Cost of manufactured period=  $221000

Explanation:

We need to calculate the production during the period.

Cost of manufactured period= Beginning work in progress inventory+ direct materials + direct labor + factory overhead - ending work in progress

Beginning work in progress= $38000

Cost of raw materials= beginning inventory + purchase - ending inventory= 28000 + 70000 - 33000= $65000

Direct labor= 80000

Manufactured overhead=38000

Ending work in progress= 0

Cost of manufactured period= 38000 + 65000 + 80000 + 38000= $221000

answer; swot analysis;

answer; lags, push the econ below the natural level of output;