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Schedule of Cost of Goods Manufactured The following information is supplied for Maupin Manufacturing Company. Work in process, January 1 $77,000 Materials inventory, January 1

Schedule of Cost of Goods Manufactured

The following information is supplied for Maupin Manufacturing Company.

Work in process, January 1 $77,000
Materials inventory, January 1 31,000
Materials purchases 35,000
Materials inventory, December 31 26,000
Direct labor 48,000
Overhead 20,000
Work in process, December 31 62,000

Prepare a schedule of cost of goods manufactured for the year ended December 31, 20--. Assume that all materials inventory items are direct materials.

Maupin Manufacturing Company Schedule of Cost of Goods Manufactured For Year Ended December 31, 20--
Work in process, January 1, 20-- $fill in the blank 1

Direct laborMaterials inventory, December 31, 20--Materials inventory, January 1, 20--Overhead

$- Select -

Materials purchasesOverheadWork in process, December 31, 20--Work in process, January 1, 20--

- Select -
Materials available for use $fill in the blank 6

Materials inventory, December 31, 20--Materials inventory, January 1, 20--Materials purchasesOverhead

- Select -
Cost of materials used $fill in the blank 9

Direct laborMaterials inventory, January 1, 20--Materials purchasesWork in process, January 1, 20--

- Select -

Materials inventory, December 31Materials purchasesOverheadWork in process, December 31, 20--

- Select -
Total manufacturing costs fill in the blank 14
Total work in process during the period $fill in the blank 15

Materials inventory, January 1, 20--Materials purchasesOverheadWork in process, December 31, 20--

- Select -
Cost of goods manufactured

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