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Please answer all parts for positive feedback :) Beck Manufacturing reports the following information in T-accounts for the current year. Debit Beginning Purchases Available for
Please answer all parts for positive feedback :)
Beck Manufacturing reports the following information in T-accounts for the current year. Debit Beginning Purchases Available for use 50,000 Ending Raw Materials Inventory Credit 12,200 52,000 64,200 Direct materials used 14,200 Work in Process Inventory Credit 14,800 50,000 34,500 57,000 156,300 Cost of goods manufactured 12,100 Debit Beginning Direct materials used Direct labor Overhead 144,200 Ending Finished Goods Inventory Credit Debit Beginning Cost of goods manufactured Available for sale 20,800 144,200 165,000 Cost of goods sold 146,800 Ending 18,200 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. Beck Manufacturing Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials: Raw materials available for use Direct materials used $ 0 Factory overhead: Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured $ 0 Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale 0 Cost of goods sold $ $ 0Step by Step Solution
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