Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Amiconpicte cost of goods manufacturcu Scricuit is preschleunicic. Complete the cost of goods manufactured schedule for Splish Brothers Company. (Assume that all raw materials used

Amiconpicte cost of goods manufacturcu Scricuit is preschleunicic. Complete the cost of goods manufactured schedule for Splish Brothers Company. (Assume that all raw materials used were direct materials.) Work in process, January 1 Direct materials Raw materials inventory, January 1 Raw materials purchases Total raw materials available for use Less: Raw materials inventory, December 31 Direct materials used Direct labor SPLISH BROTHERS COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2022 $ I 1 184,000 27,000 $208,800
image text in transcribed
image text in transcribed
image text in transcribed
Complete the cost of goods manufactured schedule for Splish Brothers Company. (Assume that all raw materials used were direct materials.) Raw materials purchases 184,000 Total raw materials available for use Less: Raw materials inventory, December 31 27,000 Directmaterialsused $208,800 Direct labor Manufacturing overhead Indirect labor 21,600 Factory depreciation 41,400 Factory utilities 79,600 Total manufacturing overhead 142,600 Total manufacturing costs Total cost of work in process materials purchases raw materials available for use Raw materials inventory, December 31 materials used labor acturing overhead ect labor ry depreciation ry utilities manufacturing overhead nanufacturing costs ost of work in process Vork in process, December 31 fgoods manufactured Save for Later 184,00027,000 $208,800 142,600 21,60041,40079,600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Frank Woods Business Accounting Volume 1

Authors: Frank Wood, Alan Sangster

11th Edition

0273712128, 978-0273712121

More Books

Students also viewed these Accounting questions