SCHEDULE OF COST OF GOODS MANUFACTURED Prepare a schedule of cost of goods manufactured for Tomas Company
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SCHEDULE OF COST OF GOODS MANUFACTURED Prepare a schedule of cost of goods manufactured for Tomas Company for the year ended June 30, 20-2. Information to prepare the schedule is as follows:
Work in process, July 1, 20-1 ....$ 6,400
Materials inventory, July 1, 20-1 .....4,875
Materials purchases ........68,950
Direct labor .............140,300
Actual factory overhead .......85,225
Work in process, June 30, 20-2 ....7,700
Materials inventory, June 30, 20-2 .....6,950
Indirect materials charged to production..3,600
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