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A manufacturing company reports the following for the period: Inventories Ending Raw materials Work in process Beginning $ 18,420 9,800 $ 12,400 Finished goods 12,860
A manufacturing company reports the following for the period: Inventories Ending Raw materials Work in process Beginning $ 18,420 9,800 $ 12,400 Finished goods 12,860 11,600 9,030 Activities for the period Raw materials purchases Direct materials used Direct labor used Overhead applied Sales $ 8,500 14,520 9,600 11,440 41,600 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 Required 2 > A manufacturing company reports the following for the period: Inventories Ending Beginning Raw materials Work in process $ 18,420 9,800 $ 12,400 11,600 Finished goods 12,860 9,030 Activities for the period Raw materials purchases Direct materials used Direct labor used Overhead applied Sales $8,500 14,520 9,600 11,440 41,600 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 Compute gross profit. Gross profit < Required 1 Required 2
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