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Project 2: Cost of Goods Manufactured & Cost of Goods Sold Schedules (10 points) Upload your file to Moodle by the deadline specified. Do
Project 2: Cost of Goods Manufactured & Cost of Goods Sold Schedules (10 points) Upload your file to Moodle by the deadline specified. Do NOT email your file! The following information relates to Cooper Company: Costs Incurred: Raw materials purchased Direct labor Indirect labor Equipment maintenance Insurance on factory Rent on factory Equipment depreciation Advertising expenses Selling & administrative expenses $183,000 86,000 38,000 15,000 17,000 26,000 15,000 24,000 48,000 Inventories: Raw materials Work in process Finished goods Beginning Ending $29,000 $20,000 59,000 50,000 67,000 64,000 Instructions for Project 2: 1. Using Excel, prepare a Cost of Goods Manufactured schedule. Refer to Illustration 14.11 in your textbook. 2. Using Excel, prepare a Cost of Goods Sold schedule. Refer to Illustration 14.9 in your textbook.
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