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Cost of Goods Manufactured and Sold LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was
Cost of Goods Manufactured and Sold LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied by its accountant: During June, direct labor cost was $148,000, direct materials purchases were $345,000, and the total overhead cost was $361,600. The inventories at the end June were: Required: 1 Dronaro a rnct af annde manufarturad ctatamont for luino 2. Prepare a cost of goods sold schedule for June. LeMans Company Statement of Cost of Goods Sold For the Month of June \begin{tabular}{l} \hline Cost of goods manufactured \\ Add: Ending finished goods inventory \\ Cost of goods available for sale \\ Less: Ending finished goods inventory \\ Cost of goods sold \end{tabular}
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