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cost of goods manufactured is 655550 2022 January 1, 2022 $25,200 17.100 33,150 December 31, 2022 $36,600 21,150 25,620 Raw materials inventory Work in process

cost of goods manufactured is 655550
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2022 January 1, 2022 $25,200 17.100 33,150 December 31, 2022 $36,600 21,150 25,620 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $183,000 268,400 219,600 1,110,200 SWIFTY COMPANY Income Statement (Partial) For the Month Ended December 31, 2022 $ 655550 Cost of Goods Manufactured $ Cost of Goods Sold Finished Goods Inventory 1/1 Raw Materials Inventory, 1/1 Cost of Goods Available for Sale Less Finished Goods Inventory, 12/31 Gross Pront $ 663080 Cost of Goods Sold

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