Compute Cost of Goods Manufactured for Thor Industries for the Fiscal Year ended 7/31/19. Hint: You don't have enough data to solve this by analyzing the WIP account. You'll have to find another way - by analyzing another account. Show all your calculations.

 

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Major classifications of inventories are as follows: Finished goods-RV Finished goods - other Work in process Raw materials Chassis July 31, 2019 230,483 $ July 31, 2018 44,998 60,593 126,636 300,721 155.099 873.532 35,320 124,703 258,429 116,306 579.758 Subtotal (Total finished goods is the sum of Finished Goods -RV and Finished Goods Other. Chassis are the vehicle engines/tromes thet Ther purchases to use as a platform to build motorhomes, so they are material. Thor tracks thà significant inventory item ina separate inventory account Note the subtotal obove does not tie to the total imventory balance shown on the balance sheet the diference is ottbutable to inventary valuation adjustments which we will inore for the purposes of this case Major classifications of inventories are as follows: Finished goods-RV Finished goods - other Work in process Raw materials Chassis July 31, 2019 230,483 $ July 31, 2018 44,998 60,593 126,636 300,721 155.099 873.532 35,320 124,703 258,429 116,306 579.758 Subtotal (Total finished goods is the sum of Finished Goods -RV and Finished Goods Other. Chassis are the vehicle engines/tromes thet Ther purchases to use as a platform to build motorhomes, so they are material. Thor tracks thà significant inventory item ina separate inventory account Note the subtotal obove does not tie to the total imventory balance shown on the balance sheet the diference is ottbutable to inventary valuation adjustments which we will inore for the purposes of this case