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Unformatted text preview: 190,000 Total overhead cost 300,550 Total current manufacturing costs added $863,450 Add: Beginning work in process 201,000 Less: Ending work in process (98,000) Cost of goods manufactured $966,450 2) ARAJ COMPANY Statement of Cost of Goods Sold For the Year Ended December 31 Cost of goods manufactured $966,450 Add: Beginning finished goods inventory 8,000 Cost of goods available for sale $974,450 Less: Ending finished goods inventory (62,700) Cost of goods sold $911,750...
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- Spring '09
- Managerial Accounting