The following information is supplied for Sanchez Welding and Manufacturing Company.

Work in process, January 1	$20,500
Materials inventory, January 1	11,000
Materials purchases	12,000
Materials inventory, December 31	13,000
Direct labor	9,500
Overhead	5,500
Work in process, December 31	10,500

Required:

Prepare a schedule of cost of goods manufactured for the year ended December 31, 20--. Assume that all materials inventory items are direct materials.

Prepare a schedule of cost of goods manufactured for the year ended December 31, 20--. Assume that all materials inventory items are direct materials.

Additional instructions

Sanchez Welding and Manufacturing Company

Schedule of Cost of Goods Manufactured

For the Year Ended December 31, 20--

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