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The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $8,900 and $10,900 and for work in

The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $8,900 and $10,900 and for work in process were $20,900 and $22,900. Raw material purchases and direct labor costs incurred were $36,900 each, and manufacturing overhead applied amounted to $20,900. Required: Prepare a statement of cost of goods manufactured for ABC Company. (Amounts to be deducted should be indicated by a minus sign.) Raw materials ABC COMPANY Statement of Cost of Goods Manufactured Raw materials available for use Cost of raw materials used Total manufacturing costs 0 $ 0 0
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The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $8,900 and $10,900 and for work in process were $20,900 and $22,900. Raw material purchases and direct labor costs incurred were $36,900 each, and manufacturing overhead applied amounted to $20,900. Required: Prepare a statement of cost of goods manufactured for ABC Company. (Amounts to be deducted should be indicated by a minus sign.) ABC CQYMPANY Statement of Cost of Goods Manufactured Raw materials: Raw materials available for use 0 \begin{tabular}{|l|l|l|} \hline Raw materials available for use & & \\ \hline & & \\ \hline Cost of raw materials used & & \\ \hline & & \\ \hline & & \\ \hline Total manufacturing costs & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Cost of goods manufactured & & \\ \hline \end{tabular}

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