An incomplete cost of goods manufactured schedule is presented below. Instructions Complete the cost of goods manufactured

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An incomplete cost of goods manufactured schedule is presented below.

НОВBIT COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2017 Work in process (1/1) Direct materials $210,000 $ ? Raw materials inventory (1/1) Add: Raw materials purchases 158,000 Total raw materials available for use ? Less: Raw materials inventory (12/31) 22,500 Direct materials used $180,000 Direct


Instructions

Complete the cost of goods manufactured schedule for Hobbit Company.

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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