Question
Manner man Fabrication manufactures a variety of products in its factory. Data for the most recent months operations appear below: Raw materials inventory, beginning....................................... $
Manner man Fabrication manufactures a variety of products in its factory. Data for the most recent months operations appear below:
| Raw materials inventory, beginning....................................... | $ 35,000 |
| Raw materials inventory, ending............................................ | $ 20,000 |
| Purchases of raw materials...................................................... | $165,000 |
| Work in process inventory, beginning.................................... | $ 23,500 |
| Work in process inventory, ending......................................... | $ 27,500 |
| Finished goods inventory, beginning................................... | $ 45,000 |
| Finished goods inventory, ending....................................... | $ 20,000 |
| Direct labor............................................................................. | $ 79,100 |
| Manufacturing overhead......................................................... | $ 219,900 |
|
Required: Prepare a schedule of cost of goods manufactured for the company for the month.
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