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Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $37,000 Direct
Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $37,000 Direct labor 51,000 Factory overhead 35,000 Work in process inventory, April 1 27,000 Work in process inventory, April 30 32,000 Finished goods inventory, April 1 20,000 Finished goods inventory, April 30 13,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company Statement of Cost of Goods Manufactured Work in process inventory, April 1 Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in April Total manufacturing costs Work in process inventory, April 30 Cost of goods manufactured Condback 0000 Using the given, Glenville Company Statement of Cost of Goods Manufactured Work in process inventory, April 1 Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in April Total manufacturing costs Work in process inventory, April 30 Cost of goods manufactured Feedback b. For April, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. Glenville Company Statement of Cost of Goods Sold Finished goods inventory, April 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, April 30 Cost of goods sold
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