Prepare a statement of cost of goods manufactured for Tinas Tiny Toys Manufacturing Company using any of

Question:

Prepare a statement of cost of goods manufactured for Tina’s Tiny Toys Manufacturing Company using any of the following balances that you need.
Raw Materials Purchases (net) .......... $ 632,000
Raw Materials Inventory, June 30 ........ 74,000
Raw Materials Inventory, June 1 .......... 43,000
Work-in-Process Inventory, June 1 ......... 230,000
Work-in-Process Inventory, June 30 ....... 302,000
Finished Goods Inventory, June 30 ........ 122,000
Direct Labor ................. 901,000
Manufacturing Overhead ............ 676,000
Finished Goods Inventory, June 1 ......... 134,000