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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

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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 Work-in-process inventory $64,900 32,100 Finished goods inventory 57,400 During June, direct labor cost was $143,000, direct materials purchases were $330,500, and the total overhead cost was $377,400. The inventories at the end of June were: Direct materials inventory $65,500 Work-in-process inventory Finished goods inventory Required: 35,700 52,800 LeMans Company Statement of Cost of Goods Manufactured Direct materials: For the Month of June Materials available Direct materials used in production Total manufacturing costs added 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 Cost of goods sold

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