QUESTION:

Cost of Goods Manufactured and Sold LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied by its accountant: Direct materials inventory $60,100 Work-in-process inventory Finished goods inventory 35,100 55,300 During June, direct labor cost was $149,000, direct materials purchases were $349,500, and the total overhead cost was $379,400. The inventories at the end of June were: Direct materials inventory $60,700 Work-in-process inventory 38,700 Finished goods inventory 50,700 Required: 1. Prepare a cost of goods manufactured statement for June. LeMans Company Statement of Cost of Goods Manufactured For the Month of June Direct materials: Materials available $