Question
The following information is available for Larkspur Company. Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead
The following information is available for Larkspur Company. Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue January 1, 2022 $21,600 14,400 28,200 2022 $156,000 228,800 187,200 946,400 December 31, 2022 $31,200 18,000 21,840 Compute cost of goods manufactured. (Assume that all raw materials used were direct materials.) LARKSPUR COMPANY Cost of Goods Manufactured Schedule Work in Process, Jan. 1 Direct Materials Finished Goods Inventory, Jan. 1 $ $ 14
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