Acc505 Managerial Accounting: (TCO F) Weisinger Corporation has provided the following

Acc505 Managerial Accounting
(TCO F) Weisinger Corporation has provided the following data for the month of January:
Beginning Ending Raw materials 28,000 29,000
Work in process 16,000 14,000
Finished goods 42,000 54,000
Additional information:
Raw materials purchases 56,000
Direct labor cost 87,000
Manufacturing overhead cost incurred 51,000
Indirect materials included in manufacturing overhead incurred 3,000 Manufacturing overhead cost applied to work in process 55,000

Required:
Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form. (Points : 15)
Powered by