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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 form
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 Raw Materials Inventory 12,700 46,500 59,200 DM used 51,500 End. Inv. Begin. Inv. DM used Direct labor Overhead 7,700 Work in Process Inventory 14,600 51,500 33,300 60,500 159,900 Cost of goods manuf. 12,500 Manuf. costs 147,400 End. Inv. Finished Goods Inventory Begin. Inv. 21,100 Cost of goods manuf. 147,400 Avail. for sale 168,500 Cost of Goods Sold 149,500 End. Inv. 19,000 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, 2019 Total manufacturing costs Total cost of work in process Cost of goods manufactured
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