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Cost of Goods Manufactured and Sold The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question
Cost of Goods Manufactured and Sold The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question marks. Materials 52 $164 $110 Beginning inventory Purchases Ending inventory Total material used ?700 500 74 100 330 ? 440 Direct labor 580 960 800 Manufacturing overhead Indirect material Indirect labor Other Total manufacturing overhead ? 120 160 150 350 ?200 340 520 480? 96 Work in process inventories: Beginning ?90 260 Ending 70 ? 100 Finished goods inventories: ?400 80 335 120 330 Cost of goods manufactured 1,384?? 1,339 2,324 ? Beginning Ending Cost of goods sold
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