An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured...
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An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Bramble Company. Assume all raw materials are direct materials. BRAMBLE COMPANY Cost of Goods Manufactured Schedule $176,400 Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 132,800 Total raw materials available for Use Less: Raw materials inventory 19,000 (12/31) Direct materials used $151,200 Direct labor Manufacturing overhead Indirect labor 15,200 Factory depreciation 30,200 Factory utilities 57,200 Total overhead 102,600 Total manufacturing costs Total manufacturing costs Total cost of work in process 68,000 Less: Work in process (12/31) $453.600 Cost of goods manufactured An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Bramble Company. Assume all raw materials are direct materials. BRAMBLE COMPANY Cost of Goods Manufactured Schedule $176,400 Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 132,800 Total raw materials available for Use Less: Raw materials inventory 19,000 (12/31) Direct materials used $151,200 Direct labor Manufacturing overhead Indirect labor 15,200 Factory depreciation 30,200 Factory utilities 57,200 Total overhead 102,600 Total manufacturing costs Total manufacturing costs Total cost of work in process 68,000 Less: Work in process (12/31) $453.600 Cost of goods manufactured
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Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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