Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please look at the ones that I got wrong... I need help answering the ones that are marked wrong... thank you! Calculator Show Me How

image text in transcribed

image text in transcribed

please look at the ones that I got wrong... I need help answering the ones that are marked wrong... thank you!

Calculator Show Me How eBook Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production Direct labor Factory overhead Work in process inventory, April 1 Work in process inventory, April 30 Finished goods inventory, April 1 Finished goods inventory, April 30 a. For April, determine the cost of goods manufactured. Using the data given, prep $280,000 324,000 188,900 72,300 76,800 39,600 41,200 are a statement of Cost of Goods Manufactured. Glenville Company Statement of Cost of Goods Manufactured Work in process irnventory, April 1 cost of direct materials used in production- Direct labor Factory overhead Total manufacturing costs incurred during April Total manufacturing costs Less work in process inventory, April 30 Cost of goods manufactured 788,40ox 280,000 324.000 188.900 | 792.900 72.300X 76,800 783,400 Cheek Add direct materials, direct labor, and factory overhead to the beginning work inp b. For April, determine the cost of goods sol Using the data oiven. prepare a statement of Cost of Goods Sold. 1 more Check My Work uses remaining Total manufacturing costs incurred during April Total manufacturing costs Less work in process inventory, April 30 V Cost of goods manufactured 792.900 72300 76,800 788 400 Feedback Y Check My Work a. Add direct materials, direct labor, and factory overhead to the beginning w b. For April, determine the cost of goods sold. using the data given, prepare a statement of Cost of Goods Sold. Glenville Company Statement of Cost of Goods Sold Cost of goods available for sale x Cost of goods manufactured Cost of finished goods available for saleY788.400 X Less finished goods inventory. April 30 Cost of goods sold s( 786,800) x 39,600 X 41.200 786,800 Cheek b. Add the cost of goods manufactured to the beginning finished goods inventory. 1 more Check My Work uses remaining

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions