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Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use 52,500 End. Inv. Begin. Inv. DM used Direct
Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use 52,500 End. Inv. Begin. Inv. DM used Direct labor Overhead Manuf. costs Raw Materials Inventory 12,700 49,000 61,700 DM used 9,200 Work in Process Inventory 16,600 52,500 31,100 58,500 158,700 Cost of goods manuf. 14,600 Finished Goods Inventory 16,900 144,100 161,000 Cost of Goods Sold 19,000 144,100 End. Inv. Begin. Inv. Cost of goods manuf. Avail. for sale 142,000 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 0 Cost of goods sold $ 0
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