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Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use 51,000 End. Inv. Raw Materials Inventory 12,900 52,500
Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use 51,000 End. Inv. Raw Materials Inventory 12,900 52,500 65,400 DM used 14,400 Work in Process Inventory 16,200 51,000 30,300 64,000 161,500 cost of goods manuf. 12,100 Begin. Inv. DM used Direct labor Overhead Manuf. costs 149,400 End. Inv. Begin. Inv. Cost of goods manuf. Avail. for sale Finished Goods Inventory 21,700 149,400 171,100 I cost of Goods sold 18,500 152,600 End. Inv. Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. BECK MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31, 2019 Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31, 2019 Cost of goods sold Goods available for sale Cost of goods sold
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