Question
Cost of Goods Manufactured for a Manufacturing Company The following information is available for Ethtridge Manufacturing Company for the month ending July 31: Cost of
Cost of Goods Manufactured for a Manufacturing Company
The following information is available for Ethtridge Manufacturing Company for the month ending July 31:
| Cost of direct materials used in production | $106,000 |
| Direct labor | 127,200 |
| Work in process inventory, July 1 | 47,700 |
| Work in process inventory, July 31 | 64,700 |
| Total factory overhead | 58,300 |
Determine Ethtridge's cost of goods manufactured for the month ended July 31.
| Ethtridge Manufacturing Company | ||
| Statement of Cost of Goods Manufactured | ||
| For the Month Ended July 31 | ||
| $fill in the blank 2 | ||
| Add manufacturing costs incurred during July: | ||
| $fill in the blank 4 | ||
| fill in the blank 6 | ||
| fill in the blank 8 | ||
| Total manufacturing costs incurred | fill in the blank 9 | |
| Total manufacturing costs | $fill in the blank 10 | |
| fill in the blank 12 | ||
| Cost of goods manufactured | $fill in the blank 13 | |
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
978-0133428537
