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Cost of Goods manufactured and sold Thanks for your help My Subscriptions / Courses ACc206:12-Week Master-Managerial Accounting /Ch 2: Managerial Accoun CLICK HERE TO REVIEW
Cost of Goods manufactured and sold
My Subscriptions / Courses ACc206:12-Week Master-Managerial Accounting /Ch 2: Managerial Accoun CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 No complete Maried out of 57.00a que Cost of Goods Manufactured and Sold The following data relate to three independent production periods of Riverside Manufacturing Company P Flag question Materials: Beginning inventory Purchases Ending inventory Total material used s104 s 328 $ 220 ? 1,400 1,000 148 200? 660? 880 1,160 1,920 1,600 Direct labor Manufacturing overhead: Indirect material Indirect labor Other Total manufacturing overhead 192 240 320 300 700 ? 400 680 1,040 960 Work in process inventories Beginning ? 180 520 Ending 407 200 Finished goods inventories: Beginning Ending 7 800 160 Cost of goods manufactured Cost of goods sold 670 240 660 2,768 2,678 4,648 Using the above data, determine the missing amoun (You should set up a schedule of cost of goods ma Do.not use negative signs with any of your answers Schedule of Cost of Goods Manufactured and Sold Schedule of Cost of Goods Manufactured and Sold Direct Material: Beginning materials inventory s 104 s 328 s 220 704 1,400 Cost of materials purchased Cost of material available 148 200 Less: Ending materials inventory 148 200 Total material used 660 1528 Less: Indirect material used Direct material used Direct labor Manufacturing overhead: 1,160 1,920 1,600 Indirect material Indirect labor Other manufacturing overhead Total manufacturing overhead Total manufacturing costs Add: Beginning work in process inventory Total cost of work in process Less: Ending work in process inventory Cost of goods manufactured Add Beginning finished goods inventory Cost of goods available Less: Ending finished goods Inventory Cost of goods soid Thanks for your help
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