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2-1 a. Prepare a schedule of cost of goods manufactured. Which of the following is correct? Satterfield's Custom Glass Schedule of Cost of Goods Manufactured
2-1 a. Prepare a schedule of cost of goods manufactured. Which of the following is correct? Satterfield's Custom Glass Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 Beginning balance in work in process inventory $ 3000,000 Add current manufacturing costs: Direct material cost $ 2,500,000 Direct labor cost 3,000,000 Manufacturing overhead 1,700,000 7,290.000 Total 7,500,000 Less ending balance in work in process inventory 300.000 Cost of goods manufactured $ 7,200,000
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