Laflin company reported the following year-end information:

Beginning work in process inventory……………………………………$1.080,000

Beginning raw materials inventory………………………………...…………300,000

Ending work in process inventory……………………………………....…….900,000

Ending raw materials inventory……………………………………………......480,000

Raw materials purchased…………………………………………………..........960,000

Direct labor………………………………………………………………...................800,000

Manufacturing overhead…………………………………………………........…720,000

Laflin's Co. cost of goods manufactured for the year is?

a. $2300000

b. 2480000

c. 2120000

d. 2660000

Answer rating: 100% (QA)

Cost of Goods Manufactured Direct Material Used Direct ... View the full answer