A manufacturing company reports the following for the period: Beginning Ending $ 12,500 $ 18,520 Inventories Raw materia

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A Manufacturing Company Reports The Following For The Period Beginning Ending 12 500 18 520 Inventories Raw Materia 1 (53.23 KiB) Viewed 36 times

A manufacturing company reports the following for the period: Beginning Ending $ 12,500 $ 18,520 Inventories Raw materials Work in process Finished goods 9,900 12,960 11,700 9,130 Activities for the period Raw materials purchases Direct materials used $ 8,600 14,620 Direct labor used 9,700 11,540 Overhead applied Sales 42,000 1. Prepare a schedule of cost of goods manufactured. 2. Compute gross profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured Total manufacturing costs Total cost of work in process Cost of goods manufactured $ 0 0 0