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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 following information in T-account
Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use End. Inv. Begin. Inv. DM used Direct labor Overhead Manuf. costs End. Inv. Begin. Inv. Cost of goods manuf.. Avail, for sale End. Inv. Raw Materials Inventory 12,100 51,000 63,100 DM used 50,500 12,600 Work in Process Inventory 15,200 50,500 29,500 57,500 152,700 Cost of goods manuf. 138,100 14,600 Finished Goods Inventory 17,800 138,100 155,900 Cost of Goods Sold 134,900 21,000
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