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The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,000 $14,400 Work in process inventory 4,830 3,290 Materials purchased
The following information is available for Tomlin Company.
April 1 | April 30 | |||||
Raw materials inventory | $10,000 | $14,400 | ||||
Work in process inventory | 4,830 | 3,290 | ||||
Materials purchased in April | $97,900 | |||||
Direct labor in April | 80,300 | |||||
Manufacturing overhead in April | 155,000 |
Prepare the cost of goods manufactured schedule for the month of April.
Your answer is partially correct. The following information is available for Tomlin Company April 1 April 30 $10,000 $14,400 3,290 Raw materials inventory Work in process inventory 4,830 Materials purchased in April Direct labor in April Manufacturing overhead in April $97,900 80,300 155,000 Prepare the cost of goods manufactured schedule for the month of April TOMLIN COMPANY Cost of Goods Manufactured Schedule For the Month Ended April 30 Work in process, April 1 4830 Direct Materials Raw Materials, April 1 10000 Raw Materials Purchases 97900 Total Raw Materials Available for Use 107900 Less Raw Materials, April 30 14400 Direct Materials Used 93500 Direct Labor 80300 155000 Total Manufacturing Costs 328800 Total Cost of Work in Process 333630 Less Work in process, April 30 3290 Cost of Goods ManufacturedStep by Step Solution
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