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A manufacturing company reports the following for the period: Inventories Raw materials Beginning Ending Work in process $ 18,520 9,900 $ 12,500 Finished goods 12,960
A manufacturing company reports the following for the period: Inventories Raw materials Beginning Ending Work in process $ 18,520 9,900 $ 12,500 Finished goods 12,960 11,700 9,130 Activities for the period Raw materials purchases Direct materials used Direct labor used Overhead applied Sales $ 8,600 14,620 9,700 11,540 42,000 1. Prepare a schedule of cost of goods manufactured. 2. Compute gross profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 0 $ 0
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