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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
$
Workinprocess inventory
Finished goods inventory
During June, direct labor cost was $ direct materials purchases were $ and the total overhead cost was $ The inventories at the end of June were:
Direct materials inventory
Workinprocess 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
$
Add: Purchases 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 $
acturing overhead
manufacturing costs added
$
Beginning work in process
Ending work in process
goods manufactured
$ repare a cost of goods sold schedule for June.
LeMans Company
Statement of Cost of Goods Sold
For the Month of June
: Beginning finished goods inventory
Ending finished goods inventory
t of goods sold
$
$
$
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