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Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,800 52,500 Purchases Avail. for use 63,300 50,500 DM used 12,800 End.
Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,800 52,500 Purchases Avail. for use 63,300 50,500 DM used 12,800 End. Inv. Work in Process Inventory 14,000 50,500 33,700 58,500 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 156,700 Cost of goods mfg 144,400 12,300 End. Inv. Finished Goods Inventory Begin. Inv. Cost of goods mfg 20,800 144,400 Avail. for sale 165,200 Cost of Goods Sold 145,700 19,500 End. Inv. Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. 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, 2017 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, 2017 Cost of goods sold Goods available for sale Cost of goods sold
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