Question: Can you explain the correct methodology to solve this general accounting problem? If direct materials issued is $12,000, overhead applied is $18,000, beginning work-in-process (WIP)

Can you explain the correct methodology to solve this general accounting problem?

If direct materials issued is $12,000, overhead applied is $18,000, beginning work-in-process (WIP) is $6,000, ending WIP is $4,000, and direct labor is $9,000, what is the Cost of Goods Manufactured (COGM)

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