Question: Ink Technology s Work in Process Inventory account has a beginning balance of $ 5 0 , 0 0 0 and an ending balance of

Ink Technology

s Work in Process Inventory account has a beginning balance of $

50, 000

and an ending balance of $

40, 000 .

Direct materials used are $

70, 000

and direct labor incurred totals $

35, 000 .

Cost of goods sold totals $

135, 000 .

Manufacturing overhead applied is $

20, 000 .

How much is cost of goods manufactured?

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