Question: The Piglet Company allocates MOH based on Direct Materials used. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of
The Piglet Company allocates MOH based on Direct Materials used. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of DL costs. During the year, Piglet actually had $230,000 of MOH. $95,000 of DM Used and $195,000 of DL costs. If Piglet had Beginning WIP inventory of $30,000 and Ending WIP Inventory of $25,000, what was Cost of Goods Manufacturing
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