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BA212 Corporation has provided the following data concerning last month's manufacturing operations. Beginning inventories: Raw materials: $ 11,900 Work in process: $55,500 Finished goods:
BA212 Corporation has provided the following data concerning last month's manufacturing operations. Beginning inventories: Raw materials: $ 11,900 Work in process: $55,500 Finished goods: $ 34,000 Ending inventories: Raw materials: $18,100 Work in process: $ 66,200 Finished goods: $ 42,200 Additional information: Purchases of raw materials: $31,000 Indirect materials used in production: $4,760 Direct labor: $ 59,200 Manufacturing overhead applied to work in process: $87,500 Underapplied overhead: $ 4,160 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. 3. Compute the total actual manufacturing overhead costs. Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. 3. Compute the total actual manufacturing overhead costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a schedule of cost of goods manufactured for the month. Direct materials: Total raw materials available BA212 Corporation Schedule of Cost of Goods Manufactured Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured
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