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Identify the Statement of Cost of Goods Manufactured and apply the information from question to solv the questions on the Chapter 2 Excel Problem-2.x|sx Instructions
Identify the Statement of Cost of Goods Manufactured and apply the information from question to solv the questions on the Chapter 2 Excel Problem-2.x|sx Instructions Read Chapter 2 in Cornerstones of Cost Management and the following instructional materials. LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied by its accountant: Direct Materials Inventory $62,400 Work-in-process Inventory $33,900 Finished Goods Inventory $55,600 During June, direct labor cost was $143,000, direct material purchases were $346,000, and the total overhead cost was $375,800. The inventories at the end of June were: Direct Materials Inventory $63,000 Work-in-process Inventory $37,500 Finished Goods Inventory $50,800 Required: Prepare a cost of goods manufactured statement for June. Prepare a cost of goods sold schedule for June. Then, open the Chapter 2 Excel Problem.xIsx : and answer each of the questions in the excel file by providing the information needed for each question. Upload the complete Chapter 2 Spreadsheet Excel File for the assignment. Enter the appropriale amounts in the shaded cells in columns E and F
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