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E2-9 - $139,200 Yellow Knife Manufacturing Company(Partial...

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Yellow Knife Manufacturing Company Cost of Goods Manufactured Schedule For the Month Ended May 31, 2005 1-May Work in process $14,700 Direct materials used $62,400 Direct labor $32,000 Manufacturing overhead applied $48,000 Total manufacturing costs $142,400 Total cost of work in process $157,100 1-May Less: Work in process $17,900 Cost of goods manufactured
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Unformatted text preview: $139,200 Yellow Knife Manufacturing Company (Partial) Income Statement For the Month Ended May 31, 2005 Sales $200,000 Cost of goods sold 1-May Finished goods $12,600 Cost of goods manufactured $139,200 Cost of goods available for sale $151,800 31-May Finished goods $11,500 Cost of goods sold $140,300 Gross profit $59,700...
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