Maria Manufacturing Company
________________________________
__________ June 30, 2016
Beginning _________________				$28,000
Direct ___________:
	Beginning Raw Materials Inventory	$ X
	Purchases of Raw Materials	56,000
	_______	77,000
	Ending Raw Materials Inventory	(21,000)
Direct _____________			$ X
Direct _____________			X
Manufacturing Overhead			47,000
Total _______ Costs __________				173,000
Total _______ Costs __________				X
Ending_____________				(20,000)
________				$ X

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Maria Manufacturing Company

________________________________

__________ June 30, 2016

Sales Revenue

$ X

Cost of Goods Sold:

Beginning _____________

$115,000

_______

X

Cost of Goods __________

X

Ending _____________

X

Cost of Goods Sold

230,000

Gross Profit

260,000

______________ Expenses:

Selling Expenses

91,000

Administrative Expenses

X

Total _____________________

155,000

________Income

$ X

Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement of

MariaMaria

Manufacturing Company.

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Fill in the blanks with the missing words, and replace the Xs with the correct amounts.

First we will fill in the missing information on the schedule of cost of goods manufactured. Select the heading, then complete the schedule.

Maria Manufacturing Company

Schedule of Cost of Goods Manufactured

Month Ended

June 30, 2016

Beginning

$28,000

Direct

:

Beginning Raw Materials Inventory

Purchases of Raw Materials

56,000

77,000

Ending Raw Materials Inventory

(21,000)

Direct

Direct

Manufacturing Overhead

47,000

Total

Costs

173,000

Total

Costs

Ending

(20,000)