Question

Lompac Products manufactures a variety of products in its factory. Data for the most recent month’s operations appear below:
Beginning raw materials inventory ...... $ 60, 000
Purchases of raw materials .......... $360,000
Ending raw materials inventory ......... $ 45,000
Direct labor................. $135,000
Manufacturing overhead........... $370,000
Beginning work in process inventory...... $120,000
Ending work in process inventory...... $130,000
Required:
Prepare a schedule of cost of goods manufactured for the company for the month.


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  • CreatedMarch 15, 2011
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