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An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Bramble Company. Assume all raw materials are
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Bramble Company. Assume all raw materials are direct materials. BRAMBLE COMPANY Cost of Goods Manufactured Schedule $176,400 $ 132,800 Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used Direct labor 19.000 $151.200 Manufacturing overhead Indirect labor 15.200 19,000 $151200 Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 15,200 30.200 57.200 102,600 68,000 $453,600
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