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An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Swifty Company. Assume all raw materials
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Swifty Company. Assume all raw materials are direct materials. SWIFTY COMPANY Cost of Goods Manufactured Schedule Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use 193600 Less: Raw materials inventory (12/31) Direct materials used Direct labor 23500 $219,600 $256,200 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 22,800 43,500 83,800 150,100 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured eTextbook and Media Save for Later 98.400 $658,800 Attempts: 0 of 3 used Submit Answer
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