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An incomplete cost of poods manufactured schadule is presented here. Complate the cost of poods manufactured schedule for Matlock Company. [ Assume that all raw
An incomplete cost of poods manufactured schadule is presented here.
Complate the cost of poods manufactured schedule for Matlock Company. Assume that all raw materials used were direct materials.
METLOCK COMPAKY
Cost of Goods Manufactured Schedule
For the Year Ended December
Work in process, January
Diract matarials
Raw materials imentory, January
$
Raw materials purcheses
Total raw materials available for use
Less: Raw materials inwentory, December
Direct matarials used
Direct labor
Manufacturing owerhead
lndiract labor
Factory depreciation
Factory utilities
Total manufacturing owerhead
Total manufacturina costs
Total cost of work in process
Less: Workin process, December
Cost of goods manufactured
eTextbook and Medla
$
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