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The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 Raw materials inventory $22,760 $33,290 Work in process inventory 18,280
The following information is available for Aikman Company.
January 1, 2020 | 2020 | December 31, 2020 | ||||
Raw materials inventory | $22,760 | $33,290 | ||||
Work in process inventory | 18,280 | 19,210 | ||||
Finished goods inventory | 28,180 | 23,810 | ||||
Materials purchased | $155,710 | |||||
Direct labor | 225,800 | |||||
Manufacturing overhead | 183,550 | |||||
Sales revenue | 901,410 |
Part 1
Compute cost of goods manufactured.
Aikman Company Cost of Goods Manufactured Schedule $Step by Step Solution
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