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Cost of Goods Sold, Cost of Goods Manufactured Woodfall Company has the following information for June: Costs Type Amount Cost of direct materials used in

Cost of Goods Sold, Cost of Goods Manufactured
Woodfall Company has the following information for June:
Costs Type Amount
Cost of direct materials used in production $260,000
Direct labor 340,000
Factory overhead 182,300
Work in process inventory, June 170,200
Work in process inventory, June 3074,000
Finished goods inventory, June 133,300
Finished goods inventory, June 3044,100
Question Content Area
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 Amount Amount
$- Select -
$- Select -
- Select -
- Select -
Total manufacturing costs incurred in June Total manufacturing costs incurred in June
Total manufacturing costs $Total manufacturing costs
- Select -
Cost of goods manufactured $Cost of goods manufactured
Question Content Area
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
$- Select -
- Select -
$- Select -
- Select -
Cost of goods sold $Cost of goods sold
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