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A manufacturer reports partially completed T-accounts for this year. Note: Assume all raw materials were used as direct materials. Raw Materials Inventory Beginning Purchases
A manufacturer reports partially completed T-accounts for this year. Note: Assume all raw materials were used as direct materials. Raw Materials Inventory Beginning Purchases Available for use Ending Beginning Debit Direct materials used Direct labor Overhead Ending Beginning Credit 14.800 63.000 77,800 Direct materials used 23,800 Work in Process Inventory Debit Credit 19,800 37,500 61,000 172,300 Cost of goods manufactured 15,200 Finished Goods Inventory Debit Credit 23,700 180,800 Cost of goods sold Cost of goods manufactured Available for sale Ending Complete this question by entering your answers in the tabs below. Required L Requires 2 Prepare the schedule of cost of goods manufactured for the year. Schedule of Cost of Goods Manufactured Drect materiale For Year Ended December 31 Raw materials available for use Direct mentorials used Tulal ng costs Tola ops of work in proces Cost of goods markeduted equired 1
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