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Hel The following Information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. 5123,600 119,600 75,800 April 1 Tnventory balances Raw
Hel The following Information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. 5123,600 119,600 75,800 April 1 Tnventory balances Raw materials Work in process Finished goods April 30 Inventory balancen Raw materials Work in process Tinished goods During April Costs of raw materials purchased Costs of direct labor Costs of manufacturing overhead Sales revenues $35,500 146.500 80,900 $118,100 100,000 61,400 351,000 Required a. Prepare a schedule of cost of goods manufactured and sold, b. Calculate the amount of gross margin on the income statement Complete this question by entering your answers in the tabs below. Required a Required B Prepare a schedule of cost of goods manufactured and sold. FLAXMAN MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and sold Frana Required A Required B Prepare a schedule of cost of goods manufactured and sold. FLAXMAN MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and Sold For April Raw materials available for use Direct raw materials used Total manufacturing costs Total work in process inventory Cost of goods manufactured Cost of goods available for sale Cost of goods sold Required Required B > April 30 Inventory balances Raw materials Work in process Finished goods During April costs of raw materials purchased Costs of direct labor Costs of manufacturing overhead Sales revenues $ 85,500 146,500 80,900 $118,100 100,000 61,400 351,000 Required a. Prepare a schedule of cost of goods manufactured and sold. b. Calculate the amount of gross margin on the income statement Complete this question by entering your answers in the tabs below. Required A Required B Calculate the amount of gross margin on the income statement Gross margin
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