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Need computation thanks An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the
Need computation thanks
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) Direct materials $216,000 40000 165,000 207000 18,100 $187,000 Raw materials inventory. (1/1) Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used Direct labour Manufacturing overhead Indirect labour Factory depreciation Factory utilities Total manufacturing overhead 111700 15,200 36,500 68,500 120,200 Total manufacturing costs 420500 Total cost of work in process 630500 Less: Work in process (12/31) Cost of goods manufactured 81,000 $550,400 Step by Step Solution
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