Question
Glenville Company has the following information for April: Cost of direct materials used in production $280,000 Direct labor 324,000 Factory overhead 188,900 Work in process
Glenville Company has the following information for April:
Cost of direct materials used in production | $280,000 |
Direct labor | 324,000 |
Factory overhead | 188,900 |
Work in process inventory, April 1 | 72,300 |
Work in process inventory, April 30 | 76,600 |
Finished goods inventory, April 1 | 39,600 |
Finished goods inventory, April 30 | 41,200 |
Question Content Area
a. For April, determine the cost of goods manufactured.
Using the data given, prepare a statement of Cost of Goods Manufactured.
Direct laborFactory overheadFinished goods inventory, April 30Work in process inventory, April 1 | $- Select - | |
Cost of direct materials used in productionCost of goods manufacturedWork in process inventory, April 1Work in process inventory, April 30 | $- Select - | |
Direct laborFinished goods inventory, April 1Work in process inventory, April 1Work in process inventory, April 30 | - Select - | |
Cost of finished goods available for saleFactory overheadFinished goods inventory, April 30Work in process inventory, April 1 | - Select - | |
Total manufacturing costs incurred in April | fill in the blank 3d7f70f9b05707c_9 | |
Total manufacturing costs | $fill in the blank 3d7f70f9b05707c_10 | |
Direct laborFactory overheadFinished goods inventory, April 30Work in process inventory, April 30 | - Select - | |
Cost of goods manufactured | $fill in the blank 3d7f70f9b05707c_13 | |
Question Content Area
b. For April, determine the cost of goods sold.
Using the data given, prepare a statement of Cost of Goods Sold.
Cost of goods available for saleFinished goods inventory, April 1Finished goods inventory, April 30Work in process inventory, April 1 | $- Select - |
Cost of goods available for saleCost of goods manufacturedFactory overheadFinished goods inventory, April 30 | - Select - |
Cost of direct materialsCost of finished goods available for saleDirect laborFinished goods inventory, April 30 | $- Select - |
Cost of goods available for saleCost of goods manufacturedFinished goods inventory, April 1Finished goods inventory, April 30 | - Select - |
Cost of goods sold | $fill in the blank b123def4f04c016_9 |
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