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Inventory type Raw materials Work in process Finished goods Balance, 4/1/18 300,000 2,650,000 4,000,000 Balance, 4/30/18 320,000 1,080,000 3,830,000 Amounts spent during April Raw material
| Inventory type | Raw materials | Work in process | Finished goods |
| Balance, 4/1/18 | 300,000 | 2,650,000 | 4,000,000 |
| Balance, 4/30/18 | 320,000 | 1,080,000 | 3,830,000 |
| Amounts spent during April | |||
| Raw material purchases | 1,650,000 | ||
| Direct labor wages | 9,000,000 | ||
| Overhead | |||
| Indirect materials purchased | 477,000 | ||
| Indirect labor | 2,700,000 | ||
| Factory utilities | 1,608,000 | ||
| Factory depreciation | 920,000 | ||
| What is cost of goods manufactured for April? | |||
| What is cost of goods sold for April? | |||
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Standards For The Professional Practice Of Internal Auditing Statements On Internal Auditing Standards Statement Of Responsibilities Of Internal Auditing Code Of Ethics
Authors: Inst
1st Edition
0894133462, 978-0894133466
