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Question 5 Not complete Marked out of 30.00 P Flag question eBook Print Schedule of Cost of Goods Manufactured and Sold At December 31,
Question 5 Not complete Marked out of 30.00 P Flag question eBook Print Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2019: Materials inventory, January 1 $25,000 Materials inventory, December 31 15,000 Work in process inventory, January 1 30,000 Work in process inventory, December 311 41,000 Finished goods inventory, January 1 51,000 Finished goods inventory, December 31 36,000 Net delivered cost of materials purchased 150,000 Direct labor 148,000 Indirect material 12,000 Indirect labor 37,000 Factory supplies used Factory depreciation Factory repairs and maintenance Selling expenses (total) 10,000. 65,000 21,000 62,000 Non-factory administrative expenses (total) 58,000 Prepare a schedule of cost of goods manufactured and sold for Lederman Manufacturing Corporation for the year ended December 31, 2019, assuming that there were no other manufacturing overhead items than those listed above. Do not use negative signs with any of your answers. Lederman Manufacturing Corporation Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31, 2019 Direct material: Beginning materials inventory Cost of material available Less: Total materials used $ 0 = 0 OOOOO 0 0
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