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ABC Corporation has the following information for the month of Fune: Purchases $ 92,000 Materials inventory, June 5,000 Materials inventory, June 30 8,000 Direct labor

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ABC Corporation has the following information for the month of Fune: Purchases $ 92,000 Materials inventory, June 5,000 Materials inventory, June 30 8,000 Direct labor 25,000 Factory overhead 37,000 Work in process inventory, June 1 20,000 Work in process inventory, June 30 21,500 Finished goods inventory, June 1 25,000 Finished goods inventory, June 30 30,000 Sales 260,000 Sales and administrative expenses 99,000 Prepare a statement of cost of goods manufactured, ABC Corporation Statement of Cost of Goods Manufactured For the Month Ended me 30 Reghining work in process mentory, June 1 Direct materials Purchases Cost of Material for use Cost of materials for use Ending materials inventory Cost of direct materials used Direct labor Factory overhead Total manufacturing costs incurred Total manufacturing costs Ending work in process inventory Cost of goods manufactured

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