Duval Corporation provided the following data for the just c…
Duval Corporation provided the following data for the just completed month’s operations. Inventories Beginning Ending Raw materials $12,000 $11,000 Work in process $43,000 $36,000 Finished goods $20,000 $27,000 Direct material purchases $ 123,000 Direct materials used in production $ 185,000 Selling expenses $ 46,000 Direct labor cost $ 101,000 Administrative expenses $ 10,000 Actual manufacturing overhead costs $ 239,000 Manufacturing overhead applied to work in process $ 247,000 What was Cost of Goods Manufactured for the month?