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All Seasons Heating & Cooling manufactures air conditioning unis for commercial buildings. All Seasons has provided the following data concerning last month's manufacturing operations. Purchases
All Seasons Heating & Cooling manufactures air conditioning unis for commercial buildings. All Seasons has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,760 $59,900 $ 88,500 $ 4,080 Inventories Raw materials Work in process Finished goods Beginning $10,700 $ 54,200 $ 34,800 Ending $ 18,200 $ 68,300 $ 43,900 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Complete the question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. All Seasons Heating & Cooling Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured All Seasons Heating & Cooling manufactures air conditioning unis for commercial buildings. All Seasons has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,760 $ 59,900 $88,500 $ 4,080 Inventories Raw materials Work in process Finished goods Beginning $ 10,700 $ 54,200 $ 34,800 Ending $ 18,200 $ 68,300 $ 43,900 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Complete the question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. All Seasons Heating & Cooling Schedule of Cost of Goods Sold
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