ruttesfaye6

: The following cost data relate to Taylor Products Company for the year ended June 30, 2005.

Direct Materials                                                                       $ 55,600

Direct Labor                                                                                72,400

Factory Overhead                                                                       36,500

Work in process inventory, July 1, 2004                                      38,200

Work in process inventory, June 30, 2005                                   34,800

Required:

1. Calculate the manufacturing costs for the year.
2. Calculate the cost of goods manufactured for the year.