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Cost of Goods Sold, Cost of Goods Manufactured Woodfall Company has the following information for June: Cost of direct materials used in production $62,000
Cost of Goods Sold, Cost of Goods Manufactured Woodfall Company has the following information for June: Cost of direct materials used in production $62,000 Direct labor 76,000 Factory overhead 31,000 Work in process inventory, June 1 52,000 Work in process inventory, June 30 46,000 Finished goods inventory, Jun 24,000 Finished goods inventory, June 30 17,000 a. For June, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. a. For June, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Woodfall Company Statement of Cost of Goods Manufactured Costs Type Total manufacturing costs incurred in June Total manufacturing costs Cost of goods manufactured Amount Amount b. For June, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. Woodfall Company Statement of Cost of Goods Sold Costs Type Amount Cost of goods sold
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