“Kaufmann Company recorded the following data for the month of January, 19X5: Inventories 1/1/X5 1/31/X5 Raw Materials 22,000 21,000 Work in process 16,000 13,000 Finished goods 20,000 25,000 Additional data: Sales revenue $200,000 Direct labor costs 30,000 Manufacturing overhead costs 70,000 Selling expenses 15,000 Administrative expenses 25,00074. Assume that the cost of goods sold for Kaufmann Company for January was $130,000. What would be the cost of goods manufactured for the month? a. $125,000 b. $135,000 c. $130,000 d. $129,000”,”2Cost of Goods Manufactured for the month: Cost of Good Sold = Beg. Inventory Finished Goods 20,000+ Cost of Goods Manufactured ????? – Ending Inventory Finished Goods 25,000Costs of Goods Sold $130,00020,000 + ????? – 25,000 = 130,000-5,000 + ????? = 130,000????? = 135,000Cost of Goods Manufactured = 135

“Kaufmann Company recorded the following data for the month of January, 19X5: Inventories 1/1/X5 1/31/X5 Raw Materials 22,000 21,000 Work in process 16,000 13,000 Finished goods 20,000 25,000 Additional data: Sales revenue $200,000 Direct labor costs 30,000 Manufacturing overhead costs 70,000 Selling expenses 15,000 Administrative expenses 25,00074. Assume that the cost of goods sold for Kaufmann Company for January was $130,000. What would be the cost of goods manufactured for the month? a. $125,000 b. $135,000 c. $130,000 d. $129,000”,”2Cost of Goods Manufactured for the month: Cost of Good Sold = Beg. Inventory Finished Goods 20,000+ Cost of Goods Manufactured ????? – Ending Inventory Finished Goods 25,000Costs of Goods Sold $130,00020,000 + ????? – 25,000 = 130,000-5,000 + ????? = 130,000????? = 135,000Cost of Goods Manufactured = 135

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