answerdoc - 14 a Schedule of cost of goods manufactured...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
14. a. Schedule of cost of goods manufactured Direct materials: Raw materials inventory, beg………………$10 Add: Purchases of raw materials…………. .$170 Raw materials available for use……………$180 Deduct: Raw materials inventory, ending….$50 Raw materials used in production………………………. .$130 Direct labor……………………………………………….$220 Manufacturing overhead………………………………….$210 Total manufacturing cost…………………………………$560 Add: Work in process inventory, beginning……………….$80 $640 Deduct: Work in process inventory, ending……………….$60 Cost of goods manufactured………………………………$580
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/12/2011 for the course ECONOMIC acc 101 taught by Professor Xyz during the Spring '11 term at University of Phoenix.

Ask a homework question - tutors are online