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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 $42,000 Direct
Cost of Goods Sold, Cost of Goods Manufactured
Glenville Company has the following information for April:
Cost of direct materials used in production | $42,000 | |
Direct labor | 48,000 | |
Factory overhead | 27,000 | |
Work in process inventory, April 1 | 36,000 | |
Work in process inventory, April 30 | 29,000 | |
Finished goods inventory, April 1 | 32,000 | |
Finished goods inventory, April 30 | 20,000 |
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 | ||
$fill in the blank c446d405b014fad_2 | ||
$fill in the blank c446d405b014fad_4 | ||
fill in the blank c446d405b014fad_6 | ||
fill in the blank c446d405b014fad_8 | ||
Total manufacturing costs incurred in April | fill in the blank c446d405b014fad_9 | |
Total manufacturing costs | $fill in the blank c446d405b014fad_10 | |
fill in the blank c446d405b014fad_12 | ||
Cost of goods manufactured | $fill in the blank c446d405b014fad_13 | |
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 | |
$fill in the blank 6f7e2800f040fd5_2 | |
fill in the blank 6f7e2800f040fd5_4 | |
$fill in the blank 6f7e2800f040fd5_6 | |
fill in the blank 6f7e2800f040fd5_8 | |
Cost of goods sold | $fill in the blank 6f7e2800f040fd5_9 |
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