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b) Preparation of a Schedule of Cost of Goods Manufactured, Cost of Goods Sold and Income ?Statement (Use only Appendix A for this section). ?
b) Preparation of a Schedule of Cost of Goods Manufactured, Cost of Goods Sold and Income ?Statement (Use only Appendix A for this section). ?
c) Prepare a Schedule of Cost of goods manufactured and determine the following (based only ?on Appendix B):
i) Predetermined overhead rate for June; ?
ii) Overhead applied for the month of June; ?
iii) Ending balance of the work-in-process inventory in June; and, ?
iv) Over- or under-applied overhead in the month of June. ?
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