Hi!

I'm having trouble understanding how how to make this work for the format is attached (since the book shows another format than what he prof has assigned). Can anyone help me with that? I will be really grateful for any help!

Statement of Cost of Goods Manufactured P7.Reggi Vineyards produces a full line of varietal wines. The company, whose fiscal year begins on November 1, has just completed a record-breaking ycar. Its inventory account balances on October 31 ofthis year were Materials Inventory, $1,803,800; Work in Pro- cess Inventory, $2,764,500; and Finished Goods Inventory, $1,883,200. At the begin- ning of the year, the inventory account balances were Materials Inventory, $2,156,200; Work in Process Inventory, $3,371,000; and Finished Goods Inventory, $1,596,400. During the fiscal ycar, the company's purchases of direct materials totaled $6,750,000. Direct labor hours totaled 142,500, and the average labor rate was per hour. The following overhead costs were incurred during the year: deprecia- tion-plant and equipment, $685,600; indirect labor, $207,300; property tax-plant and equipment, $94,200; plant maintenance, $83,700; small tools, $42,400; utilitics, $96,500; and employee benefits, $76,100. $8.20 REQUIRED Prepare a statement of cost of goods manufactured for the fiscal year ended October 31 CH 15-P7Make sure to ase the correcet columes) Reggl Vineyards Statement of Cost of Goods Manufaciured For the Year Ended October 31 Direct materials used: Materials inventery, begianing Direct materials purchased Cost of direct materials available for use Less materials inventory, ending Cost of direct materials used Direct labor overhead: Depreciation, plant and equipmcnt Indirect Jabo Property tax, plant and equipment Plant mainteance Small tools Utilities Employee benefits Total overhead Total marufacturing costs Add work in process inventory, beginning Total cost of work n process during the year Less work process inventory, anding Con of goods manufactured