“Use the following inventory data for Caddy Golf Company to compute the cost of goods manufactured for the year:Direct Materials Used: $10,000Manufacturing Overhead: $20,000Work-in-Process Inventory:Beginning: 2,000Ending: 3,000Direct Labor: 13,000Finished Goods Inventory:Beginning: 16,000Ending: 7,000”,”Caddy Golf CompanySchedule of Cost of Goods ManufacturedBeginning Work-in-Process Inventory: $2,000Direct Materials Used: $10,000Direct Labor: 13,000Manufacturing Overhead: 20,000Total Manufacturing Costs Incurred during the Year: 43,000Total Manufacturing Costs to Account For: 45,000Ending Work-in-Process Inventory : (3,000)Cost of Goods Manufactured: $42
000″