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QUESTION 2 (5 MARKS) Yakima Tiles has provided the following data co operations: Purchases of raw materials Indirect materials used in production Direct labor Manufacturing
QUESTION 2 (5 MARKS) Yakima Tiles has provided the following data co operations: Purchases of raw materials Indirect materials used in production Direct labor Manufacturing OH applied to WIP Underapplied OH Inventories aw materials ork-in-process ished goods quired: 1. Prepare a schedule of cost of goods manuf Prepare a schedule of cost of goods sold underapplied overhead is closed to Costa (Note: you can prepare a single statement sho of goods sold). ng data concerning last month's manufacturing $6,000 1,000 11,600 17,400 800 Ending 3, Beginning 2,400 11,200 13 7,000 Is manufactured for the month. (3.5 marks) ods sold for the month. Assume the overa Cost of Goods Sold. (1.5 marks) nent showing both the cost of goods manufact QUESTION 2 (5 MARKS) Yakima Tiles has provided the following data co operations: Purchases of raw materials Indirect materials used in production Direct labor Manufacturing OH applied to WIP Underapplied OH Inventories aw materials ork-in-process ished goods quired: 1. Prepare a schedule of cost of goods manuf Prepare a schedule of cost of goods sold underapplied overhead is closed to Costa (Note: you can prepare a single statement sho of goods sold). ng data concerning last month's manufacturing $6,000 1,000 11,600 17,400 800 Ending 3, Beginning 2,400 11,200 13 7,000 Is manufactured for the month. (3.5 marks) ods sold for the month. Assume the overa Cost of Goods Sold. (1.5 marks) nent showing both the cost of goods manufact
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