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Required Supply the missing information on the following schedule of cost of goods manufactured. FISCHER CORPORATION Schedule of Cost of Goods Manufactured For the Year
Required Supply the missing information on the following schedule of cost of goods manufactured. FISCHER CORPORATION Schedule of Cost of Goods Manufactured For the Year Ended December 31, Year 2 Raw materials Beginning inventory Plus: Purchases 119,300 Raw materials available for use $ 148,700 Minus: Ending raw materials inventory Cost of direct raw materials used Direct labor $123,800 Manufacturing overhead 23,000 Total manufacturing costs 309,900 Plus: Beginning work in process inventory Total work in process Minus: Ending work in process inventory 47,100 Cost of goods manufactured $ 306,300
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