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if you can explain how you get each number that would be great! Schedule of Cost of Goods Manufactured and Sold At December 31 ,
if you can explain how you get each number that would be great! Schedule of Cost of Goods Manufactured and Sold At December 31 , the end of its fiscal year, Lederman Manufacturing Corporation collected the following dats for the year: Prepare a schedule of cost of goods manutactured and sold for Lederman Manufacturing Corporation for the year ended December 31.2016 , assum ing that there were no otret manufacturing overhead items than those insed above. Do not use negatwe sugns with ary of your anwwers Lederman Manufacturing Corporation Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31 Direct material: \begin{tabular}{l} \hline Beginning materials inventory \\ \hline Cost of materials purchased \\ \hline Cost of material available \\ Less: Ending materials inventory \\ \hline Total materials used \\ \hline Less: Indirect materials used \\ \hline Direct materials used \\ \hline Direct labor \\ \hline Manufacturing overhead \\ \hline Indirect material \\ \hline Indirect labor \\ \hline Factory supplies used \\ \hline Factory depreciation \\ \hline Factory repairs and maintenance \\ \hline Total manufacturing overhead \\ \hline Total manufacturing costs for the year \\ \hline Add: Beginning work in process inventory \\ \hline Total cost of work in process during the year \\ \hline Less: Ending work in process inventory \\ \hline Cost of goods manufactured \\ \hline Add: Beginning finished goods inventory \\ \hline Cost of goods available for sale \\ \hline Less: Ending finished goods inventory \\ \hline Cost of goods sold \\ \hline \end{tabular}
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