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January 1, 2022 2022 December 31, 2022 Raw materials inventory $19,200 $27,600 Work in process inventory 12,600 15,900 Finished goods inventory 24,900 19,320 Materials
January 1, 2022 2022 December 31, 2022 Raw materials inventory $19,200 $27,600 Work in process inventory 12,600 15,900 Finished goods inventory 24,900 19,320 Materials purchased $138,000 Direct labor 202,400 Manufacturing overhead 165,600 Sales revenue 837,200 (a) Compute cost of goods manufactured. (Assume that all raw materials used were direct materials.)
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
