Question
Purchases of raw materials $ 31,000 Indirect materials included in manufacturing overhead $ 4,540 Direct labor $ 59,800 Manufacturing overhead applied to work in process
Purchases of raw materials | $ | 31,000 |
Indirect materials included in manufacturing overhead | $ | 4,540 |
Direct labor | $ | 59,800 |
Manufacturing overhead applied to work in process | $ | 87,600 |
Underapplied overhead | $ | 4,190 |
Inventories | Beginning | Ending | ||
Raw materials | $ | 10,700 | $ | 19,200 |
Work in process | $ | 55,800 | $ | 69,300 |
Finished goods | $ | 34,500 | $ | 42,300 |
Required:
1. Prepare a schedule of cost of goods manufactured for the month.
2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
Required:
1. Prepare a schedule of cost of goods manufactured for the month.
2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
Required:
1. Prepare a schedule of cost of goods manufactured for the month.
2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
REQUIRED 1:
primare corporation | ||
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direct material: | ||
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total raw materials available | ?????? | |
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raw materials used in production | ?????? | |
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total manufacturing costs | ?????? | |
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cost of good manufactured | ?????? |
REQUIRED 2: Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
SCHEDULE OF COST OF GOODS SOLD | |
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