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Bluegill, Inc. produces spin cast fishing reels. The companys controller has provided you with the following information. Beginning balance, Direct Materials Inventory $75,000 Ending balance,
Bluegill, Inc. produces spin cast fishing reels. The companys controller has provided you with the following information.
Beginning balance, Direct Materials Inventory | $75,000 |
Ending balance, Direct Materials Inventory | 69,000 |
Beginning balance, Work in Process Inventory | 122,000 |
Ending balance, Work in Process Inventory | 125,000 |
Direct labor | 757,000 |
Manufacturing overhead applied | 347,000 |
Direct materials purchased | 847,000 |
Required:
Using the above cost information, prepare a cost of goods manufactured schedule.
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