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Cost of goods sold statement for Tappan Parts 2 The following balances are from the accounts of Tappan Parts: January 1 December 31 2 (

Cost of goods sold statement for Tappan Parts

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2 The following balances are from the accounts of Tappan Parts: January 1 December 31 2 ( Beginning) ( Ending) points Direct materials $ 22, 300 $ 25 , 000 inventory Skipped Work-in-process 32, 600 inventory 29 , 400 Finished goods 6, 800 inventory 5, 500 eBook Direct materials used during the year amount to $46,000 and the cost of goods sold for the year was $53,300. Required: Print Prepare a cost of goods sold statement. TAPPAN PARTS References Cost of Goods Sold Statement For the Year Ended December 31 Beginning work-in-process inventory Manufacturing costs: Direct materials: Beginning inventory Materials available Direct materials used Total manufacturing costs Total costs of w Cost of goods manufactured Finished goods available for sale Cost of goods sold

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