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The following is the information of Oman Sweet Company is given below: Jan. 1, 2020 2020 Dec. 31, 2020 Raw materials inventory $42,000 $60,000 Work
- The following is the information of Oman Sweet Company is given below:
Jan. 1, 2020 | 2020 | Dec. 31, 2020 | |
Raw materials inventory | $42,000 | $60,000 | |
Work in process inventory | 27,000 | 17,200 | |
Materials purchased | $300,000 | ||
Direct labor | 400,000 | ||
Manufacturing overhead | 360,000 |
Required:
Compute a cost of goods manufactured schedule.
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