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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. 49,500
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. 49,500 Raw Materials Inventory Begin. Inv. 11,500 Purchases 57,500 Avail. for use 69,000 DM used End. Inv. 19,500 Work in Process Inventory Begin. Inv. 15,000 DM used 49,500 Direct labor 29, 300 Overhead 64,000 Avail. for mig. 157,800 Cost of goods mig End. Inv. 14,400 Pinished Goods Inventory Begin. Inv. 20,200 Cost of goods me 143,400 Avail. for sale 163,600 Cost of Goods sold End. Inv. 19,600 143,400 144,000 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 00 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. pints 03:47:47 Required 1 Required 2 Hint 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 Total cost of work in process Cost of goods manufactured 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. 7:28 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 Cost of goods sold
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