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Answer is not complete. Requirement General Journal General Ledger Trial Balance Raw Materials Cost of Goods Mfg Cutting Cost of Goods Mfg Stitching Cost
Answer is not complete. Requirement General Journal General Ledger Trial Balance Raw Materials Cost of Goods Mfg Cutting Cost of Goods Mfg Stitching Cost of Goods Sold Gross Profit Calculate the value of cost of goods sold for the month of May. Ignore any over- or underapplied overhead in the calculation of cost of goods sold. Dates: Apr 30 to: Apr 30 Calculate cost of goods sold: Cost of goods manufactured Beginning finished goods inventory Cost of goods available for sale $ 541,555 x 60,100 601,655 Ending finished goods inventory Cost of goods sold 48.250x $ 213,905 < Cost of Goods Mfg Stitching Gross Profit >
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