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B DE Ashley Corporation provided the following list of cost data related to its manufacturing operations for the month of September 20X4. $ 966,400 2
B DE Ashley Corporation provided the following list of cost data related to its manufacturing operations for the month of September 20X4. $ 966,400 2 3 Beginning raw materials inventory Raw materials purchased (net) Ending raw materials inventory 2,345,500 818,200 4 Direct labor costs 322,300 5 6 Indirect materials 7 Indirect labor 8 9 125,500 88,900 456,000 56,600 24,400 777,000 717,000 Factory utilities and maintenance Factory depreciation Other factory related overhead Beginning work in process Ending work in process 10 11 12 14 (a) Arrange the cost data into a statement of cost of goods manufactured. 15 (b) If Ashley's cost of goods sold for the month was $4,000,000, how much was the increase or decrease in finished goods inventory for the month of September? 16 17 18 19 20 21 22 23 - fx (a) B D EF (a) ASHLEY CORPORATION SCHEDULE OF COST OF GOODS MANUFACTURED FOR THE MONTH ENDING SEPTEMBER 30, 20X4 Direct materials: $ Raw materials transferred to production Direct labor Factory overhead $ Total manufacturing costs $ Cost of goods manufactured $ (b) 9 0 31 32 33 34 35 36 37 Problem Worksheet Problem2. worksheet2 Problem 3 Pro
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