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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

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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 supplied by its accountant: Direct materials inventory $60,300 Work-in-process inventory 31,900 Finished goods inventory 52,800 During June, direct labor cost was $140,000, direct materials purchases were $344,000, and the total overhead cost was $378,200. The inventories at the end of June were: Direct materials inventory $60,900 Work-in-process inventory 35,500 Finished goods inventory 48,200 Required: Required: 1. Prepare a cost of goods manufactured statement for June. LeMans Company Statement of Cost of Goods Manufactured For the Month of June Direct materials: UA Materials available $ Direct materials used in production $ Total manufacturing costs added 10000000 Cost of goods manufactured 2. Prepare a cost of goods sold schedule for June. LeMans Company Statement of Cost of Goods Sold For the Month of June $ $ 100 Cost of goods sold

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