Question

Lang Products had the following beginning and ending inventory balances for April 2009.
All raw materials are considered direct to the manufacturing process. During April, the company purchased $260,000of raw materials. Direct labor cost for the month was $342,000; workers are paid $9.50 per hour. Overhead is applied at the rate of $12.50 for each direct labor hour.
Required:
(a) Prepare the Schedule of Cost of Goods Manufactured.
(b) Calculate Cost of Goods Sold for April 2009.


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  • CreatedMarch 27, 2015
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