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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:

Direct materials inventory $62,800

Work-in-process inventory 29,600

Finished goods inventory 58,700

During June, direct labor cost was $138,000, direct materials purchases were $342,000, and the total overhead cost was $379,800. The inventories at the end of June were:

Direct materials inventory $63,400

Work-in-process inventory 33,200

Finished goods inventory 54,100

. Prepare a cost of goods sold schedule for June.

LeMans Company
Statement of Cost of Goods Sold
For the Month of June
Cost of goods manufactured $
Add: Beginning finished goods inventory $
Cost of goods available for sale $
Less: Ending finished goods inventory $
Cost of goods sold $

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