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During FY 2018 Bay Manufacturing had total manufacturing costs are $402,000. Their cost of goods manufactured for the year was $483,000.The January 1, 2019 balance

During FY 2018 Bay Manufacturing had total manufacturing costs are $402,000. Their cost of goods manufactured for the year was $483,000.The January 1, 2019 balance of Work-in-Process Inventory is $51,000. Use this information to determine the dollar amount of the FY 2018 beginning Work-in-Process Inventory. (Round dollar values & enter as whole dollars only.)

Frederick Company's January 1, 2018 finished goods inventory was $82,000. The January 1, 2019 finished goods inventory is $51,000.Cost of goods manufactured for the FY 2018 was $352,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold. (Round dollar values & enter as whole dollars only.)

Annapolis Company manufactures quality boating apparel.The following selected financial information for the fiscal year 2018 is provided:

Item

Amount

Sales

$850,000

Beginning Raw Material Inventory

74,000

Direct Material Purchased

308,000

Factory Overhead

90,000

Finished Goods Inventory - January 1

144,000

Work in Process - January 1

74,000

Work in Process - December 31

98,000

Ending Raw Material Inventory

58,000

Finished Goods Inventory - December 31

168,000

Net Income

65,000

Direct Labor

155,000

Cost of Goods Sold

655,000

Use this information toprepareda detailed Schedule of Costs of Goods Manufactured for FY 2018: (Round dollar values & enter as whole dollars only.Properly title your statement.)

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