Ch 2 Cost of goods manufactured and sold statement Solution.pdf

Ch 2 Cost of goods manufactured and sold statement Solution.pdf

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Cost of goods manufactured and sold statement Solution: Eagle Manufacturing Company Cost of goods manufactured and sold statement For the month of March Beginning work-in-process inventory $54,000 Manufacturing costs Direct materials Beginning direct materials inventory $12,000 Add: Purchase of direct materials 70,000 Direct materials available $82,000 Less: Ending direct materials inventory (21,000) Direct materials put into production $61,000 Direct labor 48,000 Manufacturing overhead
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  • Spring '11
  • $54,000, $82,000, $12,000 70,000, $61,000 48,000

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