Question 3

Purple Bear, Inc. produces boat motors. Janice Smyth, the company?s controller has provided you with the following information.

Beginning balance, Direct Materials Inventory	$81,100
Ending balance, Direct Materials Inventory	68,400
Beginning balance, Work in Process Inventory	135,700
Ending balance, Work in Process Inventory	120,800
Direct Labor	785,600
Manufacturing Overhead	375,100
Direct materials purchased	893,900

Using the above cost information, prepare a cost of goods manufactured schedule.