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The following information is available for Crane Company at December 31, 2022: 1. Inventory balance iegMg of Year End of Year Finished Goods $14,560 $10,400
The following information is available for Crane Company at December 31, 2022: 1. Inventory balance iegMg of Year End of Year Finished Goods $14,560 $10,400 Work in Process 6,240 12,480 Raw Materials 10,712 6,760 2. Debit postings to Work in Process Inventory during the year were: Direct materials $93,600 Direct labor 62,400 Manufacturing overhead applied 78,000 3. Sales totaled $322,400 for the year. .(a). Prepare a condensed cost of goods manufactured schedule. CRANECOMPANY Cost of Goods Manufactured Schedule
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