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

$$62,400$

Work$-$in$-$process inventory

$33,900$

Finished goods inventory

$55,600$

During June, direct labor cost was $$143,000,$ direct materials purchases were $$346,000,$ and the total overhead cost was $$375,800.$ The inventories at the end of June were:

Direct materials inventory

Work$-$in$-$process inventory

Finished goods inventory

Required:

Prepare a cost of goods manufactured statement for June LeMans Company

Statement of Cost of Goods Manufactured For the Month of June

Direct materials:

Beginning inventory

$ $q,$

Add: Purchases $q,$ lare a cost of goods manufactured statement for June.

LeMans Company

Statement of Cost of Goods Manufactured For the Month of June

:materials:

S: Ending inventory

inning inventory

materials used in production $ $q,q,$

acturing overhead $q,$

manufacturing costs added

$ $$

Beginning work in process $q,$

Ending work in process $q,$

goods manufactured

$ repare a cost of goods sold schedule for June.

LeMans Company

Statement of Cost of Goods Sold

For the Month of June $q,$

$1$: Beginning finished goods inventory $q,q,$

Ending finished goods inventory

t of goods sold

$

$$

$

$$

$