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Prepare a schedule for the cost of goods manufactured for 2020 Begin by preparing the schedule of cost of goods manufactured (in thousands). Start
Prepare a schedule for the cost of goods manufactured for 2020 Begin by preparing the schedule of cost of goods manufactured (in thousands). Start with the direct materials and labor costs, then indirec goods manufactured Canseco Company Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2020 (in thousands) Direct materials. Direct materials used Direct manufacturing labor Consider the following account balances (in thousands) for the Canseco Company (Click the icon to view Data table Requirement 1. Prepare Begin by preparing the sc goods manufactured. Direct materials Sc For the Y 2, P2-38 (similar to) Part 1 of 4 Direct materials Direct manufacturing Canseco Company Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer-service costs General and administrative costs Print Done Beginning of 2020 26,000 21,000 17,000 Requirements End of 2020 29,000 20,000 28,000 77,000 27,000 19,000 6,000 HW Score: 40%, 40 of 100 p O Points: 0 of 60 18,000 4,000 95,000 32,000 - or the cost of goods Xere $270 million Pre manufacturing costs
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