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Porcelain Computer Company is a manufacturer of personal computers and tablets. During its first month of manufacturing, Porcelain Computer Company incurred the following manufacturing
Porcelain Computer Company is a manufacturer of personal computers and tablets. During its first month of manufacturing, Porcelain Computer Company incurred the following manufacturing costs: (Click the icon to view the manufacturing costs.) Prepare a schedule of cost of goods manufactured for Porcelain Computer Company for the month ended January 31, 2020. (Complete all answer boxes. Enter a "0" for any zero balances.) Porcelain Computer Company Schedule of Cost of Goods Manufactured Month Ended January 31, 2020 Beginning Work-in-Process Inventory Direct Materials Used: Purchases of Direct Materials Direct Labor Manufacturing Overhead: Plant janitorial services Utilities for plant Rent on plant Total Manufacturing Costs Incurred during the Month Ending Work-in-Process Inventory Cost of Goods Manufactured 10600 17000 27600 (9400) 1300 13000 6000 18200 260000 20300 298500 298500 (21000) 277500 Data Table Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Direct materials purchases Plant janitorial services Sales salaries expense Delivery expense Net sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor Print Beginning Ending $ 10,600 $ 9,400 Done 0 X 0 21,000 31,500 $ 17,000 1,300 7,000 1,500 1,050,000 13,000 6,000 18,000 260,000
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