Question: Consider the following data Work-in-process inventory, January 1, 2019 1000 Work-in-process inventory, December 31, 2019 7000 Conversion costs during the year 93000 Direct materials used

 Consider the following data Work-in-process inventory, January 1, 2019 1000 Work-in-process

Consider the following data Work-in-process inventory, January 1, 2019 1000 Work-in-process inventory, December 31, 2019 7000 Conversion costs during the year 93000 Direct materials used 44000 Required: Calculate the cost of goods manufactured

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