Materials inventory, December $1$

Materials inventory, December $31$

Materials purchased

Cost of direct materials used in production

Directistor

Fsctory overhesd

Totsl manufacturing costs incurred during December

Total manutscturing costs

Work in process inventory, December $1$

Work in process inventory, December $31$

Cost of goods manuractured

Finished goods inventory, December $1$

Finished goods inventory. December $31$

Sales

Costof goods sold

Gioss profit

Gperating expenses

Netincome

$[$a$]$

Tom

Jerrs

Company

$4.187,200$

$\frac{4}{475\mathrm{.}200}$

$501,600$

$705600$

$218400$

$($b$)$

$[$

$1,785600$

$360$ pon

$302400$

$($e$)$

$($a$)$

$\frac{\text{C}\text{o}\text{m}\text{p}\text{a}\text{n}\text{g}}{\text{\$}118,000}$

$120,000$

$228,000$

$[$b$]$

$($d$)$

$($e$)$

$($C$)$

JERFY COMPAN

Statement of Cost of Goods Manuractured

For the Honth Ended December $31,2012$

Work in proces inwentony, December $1,2012$

Direct materials:

Cost of direct materials used in production

Direct labor

Factoryoverhead

Total manufacturing costs incurred during December

Total manufacturing costs