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Saved The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. $125,000 119,600 77,500 20 April 1 Inventory balances
Saved The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. $125,000 119,600 77,500 20 April 1 Inventory balances Raw materials Work in process Finished goods April 30 Inventory balances Raw materials Work in process Finished goods During April Costs ar raw materials purchased Costs of direct labor Cours of manufacturine overhead Sales revenues $ 85,500 145,000 ne, 3115,00 100,500 62,100 3518,000 Required a. Prepare a schedule of cost of goods manufactured and sold b. Calculate the amount of gross margin on the income statement Complete this question by entering your answers in the tabs below
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