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Schedule of Cost of Goods Manufactured The following information is for Tomas Company: Work in process, July 1, 20-1 Materials inventory, July 1, 20-1 Materials
Schedule of Cost of Goods Manufactured The following information is for Tomas Company: Work in process, July 1, 20-1 Materials inventory, July 1, 20-1 Materials purchases Direct labor Actual factory overhead Work in process, June 30, 20-2 Materials inventory, June 30, 20-2 Indirect materials included in overhead $6,000 4,600 68,000 142,000 83,000 7,600 6,400 3,200 Prepare a schedule of cost of goods manufactured for Tomas Company for the year ended June 30, 20-2. Tomas Company Schedule of Cost of Goods Manufactured For Year Ended June 30, 20-2 Work in process, July 1, 20-1 Direct materials Materials inventory, July 1, 20-1 Materials purchases Materials available Materials inventory, June 30, 20-2 Cost of materials used Less indirect materials included in overhead Cost of direct materials used Direct labor Factory overhead Total manufacturing costs Total work in process during the period Work in process, June 30, 20-2 Cost of goods manufactured
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