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Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning 11,500 Purchases 57,000 Available for use 68,500

Beck Manufacturing reports the following information in T-accounts for the current year.

Raw Materials Inventory
Debit Credit
Beginning 11,500
Purchases 57,000
Available for use 68,500
Direct materials used 49,500
Ending 19,000
Work in Process Inventory
Debit Credit
Beginning 15,200
Direct materials used 49,500
Direct labor 27,900
Overhead 58,500
151,100
Cost of goods manufactured 136,400
Ending 14,700
Finished Goods Inventory
Debit Credit
Beginning 17,500
Cost of goods manufactured 136,400
Available for sale 153,900
Cost of goods sold 135,600
Ending 18,300
  1. Prepare the schedule of cost of goods manufactured for the year.
  2. Compute cost of goods sold for the year.
  3. image text in transcribed
  4. image text in transcribed
Prepare the schedule of cost of goods manufactured for the year. Compute cost of goods sold for the year

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