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1.66 5 points Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following
1.66 5 points Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. eBook Purchases Avail. for use Hint End. Inv. Print References Begin. Inv. DM used Direct labor Raw Materials Inventory 11,800 46,000 57,800 DM used 49,500 8,300 Work in Process Inventory 16,200 49,500 34,900 Overhead 56,000 Manuf. costs 156,600 Cost of goods manuf. 143,100 End. Inv. 13,500 Finished Goods Inventory Begin. Inv. 20,800 Cost of goods manuf. 143,100 Avail. for sale 163,900 Cost of Goods Sold 144,300 End. Inv. 19,600 Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Check my work 3
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