Answer:
cost of goods manufactured= $755,000
Explanation:
Giving the following information:
Beginning work in process was $145,000.
Manufacturing cost incurred for the month was $810,000.
The ending work in process was $200,000.
To calculate the cost of goods manufactured, we need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 145,000 + 810,000 - 200,000
cost of goods manufactured= $755,000
