The Matis Manufacturing Company manufactures a single product in two producing departments. For the month of April, the cost and production data were as follows: Mixing Finishing Quantity Data: WIP,...

Compute for the cost of goods manufactured.

Extracted text: The Matis Manufacturing Company manufactures a single product in two producing departments. For the month of April, the cost and production data were as follows: Mixing Finishing Quantity Data: WIP, beg Stage of Completion Materials Conversion Cost Started in Process 5,000 6,000 100% 50% 10,000 10,000 5,000 -0- 60% Transferred to the next Dep't. WIP, end Stage of Completion Materials Conversion Cost Cost data: 11,000 5,000 80% -0- 50% 40% Cost in WIP, beg Costs from preceding Dep't Materials Direct labor Р63,000 P42,000 35,000 20,500 62,500 45,000 Factory Overhead Costs added this month Materials Direct labor 90,000 52,000 37,500 140,000 90,000 Factory Overhead