The following information is for Munter Manufacturing Company. Required: a. Prepare a cost of goods manufactured schedule.

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The following information is for Munter Manufacturing Company.

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Required:

a. Prepare a cost of goods manufactured schedule.

b. Appendix: Prepare journal entries to record the following:

1. The purchase of direct material on account 2. The use of direct material in production 3. Direct labor cost 4. Manufacturing overhead cost (Use "various accounts" for the credit side of the entry.)

5. The cost of goods manufactured 6. The sale of finished goods assuming the sale price was $39,000 on account

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