Question: 2 Information for Maxim Manufacturing is presented below. Compute both the cost of goods manufactured and the cost of goods sold for Maxim Manufacturing. 30

2 Information for Maxim Manufacturing is presented below. Compute both the cost of goods manufactured and the cost of goods sold for Maxim Manufacturing. 30 pts Beginning raw materials inventory Beginning work in process inventory Direct labor Beginning finished goods inventory Total factory overhead Raw materials purchased Ending raw materials inventory Ending work in process inventory Ending finished goods inventory 21,200 81,000 64,000 126,000 21,500 40,000 20,000 46,000

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