QS 18-17 (Algo) Schedule of cost of goods manufactured LO P2

Factory overhead of $44,400 consists of Indirect labor of $21,800, Depreciation expenseFactory of $16,800, and Factory utilities of $5,800.

1. Compute total manufacturing costs.
2. Prepare a schedule of cost of goods manufactured.

Required information

Use the following information for the Exercises below. (Algo)

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[The following information applies to the questions displayed below.]

Note: Assume all raw materials were used as direct materials.

	Beginning of Year	End of Year
Inventories
Raw materials inventory	$ 7,800	$ 11,100
Work in process inventory	15,600	10,800
Finished goods inventory	12,100	7,300

Activity during current year
Raw materials purchased	$ 127,100
Direct labor	95,800
Factory overhead	44,400

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. QS 18-17 (Algo) Schedule of cost of goods manufactured LO P2 Factory overhead of $44,400 consists of Indirect labor of $21,800, Depreciation expense-Factory of $16,800, and Factory utilities of $5,800. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Compute total manufacturing costs. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured