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The following information is available for Flounder Company. January 1, 2017 2017 December 31, 2017 Raw materials inventory $21,370 $34,900 Work in process inventory 14,490

The following information is available for Flounder Company.

January 1, 2017

2017

December 31, 2017

Raw materials inventory $21,370 $34,900
Work in process inventory 14,490 18,990
Finished goods inventory 28,650 21,350
Materials purchased $153,970
Direct labor 224,060
Manufacturing overhead 184,690
Sales revenue 905,910

Compute cost of goods manufactured.

image text in transcribedimage text in transcribedimage text in transcribed

FLOUNDER COMPANY Income Statement (Partial) $ A Flounder Company Cost of Goods Manufactured Schedule 4 Show the presentation of the ending inventories on the December 31, 2017, balance sheet. FLOUNDER COMPANY (Partial) Balance Sheet tA

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