Primare Corporation Has Provided The Following Data Concerning Last Month S Manufacturing Operations Purchases Of Raw M 1 (25.46 KiB) Viewed 14 times
Primare Corporation Has Provided The Following Data Concerning Last Month S Manufacturing Operations Purchases Of Raw M 2 (25.46 KiB) Viewed 14 times
Primare Corporation Has Provided The Following Data Concerning Last Month S Manufacturing Operations Purchases Of Raw M 3 (54.85 KiB) Viewed 14 times
Primare Corporation Has Provided The Following Data Concerning Last Month S Manufacturing Operations Purchases Of Raw M 4 (41.36 KiB) Viewed 14 times
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Work in process Raw materials Finished goods Beginning $ 54,800 Ending $ 70,000 $ 11,500 $ 18,100 $ 34,500 $ 43,200 $ 31,000 $ 4,940 $ 58,100 $ 88,400 $ 4,150 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Work in process Raw materials Finished goods Beginning $ 54,800 Ending $ 70,000 $ 11,500 $ 18,100 $ 34,500 $ 43,200 $ 31,000 $ 4,940 $ 58,100 $ 88,400 $ 4,150 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
Direct materials: Total raw materials available Primare Corporation Schedule of Cost of Goods Manufactured Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total,manufacturing costs to account for Cost of goods manufactured
Primare Corporation Schedule of Cost of Goods Sold
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