- Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Beginning Work In Process Inventory 1 (106.66 KiB) Viewed 35 times
- Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Beginning Work In Process Inventory 2 (35.42 KiB) Viewed 35 times
Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Cost of goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Net income 1 $9,700 5,100 8,400 23,200 1,100 7,200 25,000 2,600 17,100 5,000 22,100 18,600 3,500 3,800 2,800 1,000 (a) (b) (c) (d) (e) (f) Case $ 2 3,900 8,100 4,100 16,100 9,100 3,100 28,500 1,500 22,100 3,400 25,500 22,900 2,600 7,100 (g) 5,100 (h) (i) (j) (k) 2,000 (1)
Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule + + + + $ + $ $