Question
ost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $57,000 Direct
ost of Goods Sold, Cost of Goods Manufactured
Glenville Company has the following information for April:
| Cost of direct materials used in production | $57,000 | |
| Direct labor | 71,000 | |
| Factory overhead | 31,000 | |
| Work in process inventory, April 1 | 48,000 | |
| Work in process inventory, April 30 | 46,000 | |
| Finished goods inventory, April 1 | 25,000 | |
| Finished goods inventory, April 30 | 20,000 |
a. For April, determine the cost of goods manufactured.
Using the data given, prepare a statement of Cost of Goods Manufactured.
| Direct laborFactory overheadFinished goods inventory, April 30Work in process inventory, April 1 | $- Select - | |
| Cost of direct materials used in productionCost of goods manufacturedWork in process inventory, April 1Work in process inventory, April 30 | $- Select - | |
| Direct laborFinished goods inventory, April 1Work in process inventory, April 1Work in process inventory, April 30 | - Select - | |
| Cost of finished goods available for saleFactory overheadFinished goods inventory, April 30Work in process inventory, April 1 | - Select - | |
| Total manufacturing costs incurred in April | fill in the blank b575d1fc906b06f_9 | |
| Total manufacturing costs | $fill in the blank b575d1fc906b06f_10 | |
| Direct laborFactory overheadFinished goods inventory, April 30Work in process inventory, April 30 | - Select - | |
| Cost of goods manufactured | $fill in the blank b575d1fc906b06f_13 | |
b. For April, determine the cost of goods sold.
Using the data given, prepare a statement of Cost of Goods Sold.
| Cost of goods available for saleFinished goods inventory, April 1Finished goods inventory, April 30Work in process inventory, April 1 | $- Select - |
| Cost of goods available for saleCost of goods manufacturedFactory overheadFinished goods inventory, April 30 | - Select - |
| Cost of direct materialsCost of finished goods available for saleDirect laborFinished goods inventory, April 30 | $- Select - |
| Cost of goods available for saleCost of goods manufacturedFinished goods inventory, April 1Finished goods inventory, April 30 | - Select - |
| Cost of goods sold | $fill in the blank 3a63eb064fba017_9 |
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