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The following data apply to Stratford Ltd:
Work in process inventory, beginning of the year
|
$
|
9 000
|
Manufacturing overhead applied during the year
|
$
|
20 000
|
Work in process inventory, end of the year
|
$
|
14 000
|
Finished goods inventory, beginning of the year
|
$
|
7 500
|
Finished goods inventory, end of the year
|
$
|
5 000
|
Cost of goods sold during the year
|
$
|
75 000
|
Calculate the cost of goods manufactured during
the year