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Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the information below for 2017. Begin.
Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the information below for 2017. Begin. Inv. Purchases Avail. for use 47,000 End. Inv. Begin. Inv. DM used Direct labor Overhead Avail. for mfg. Raw Materials Inventory 10,700 47,000 57,700 DM used 10,700 Work in Process Inventory 17,200 47,000 31,500 56,000 151,700 Cost of goods mfg 13,900 Finished Goods Inventory 16,000 137,800 153,800 Cost of Goods Sold 18,300 137,800 End. Inv. Begin. Inv. Cost of goods mfg Avail. for sale 135,500 End. Inv. Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. BECK MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured Required Required 2 > Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale 0 Cost of goods sold $ 0
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