Weisinger Corporation has provided the following data for the month of January: Inventories: Beginning Ending Raw materials
Question:
Weisinger Corporation has provided the following data for the month of January:
Inventories: Beginning Ending
Raw materials $ 27,800 $ 31,000
Work in process $ 17,700 $ 14,700
Finished goods $ 41,900 $ 54,000
Additional information:
Raw materials purchases $ 57,100
Direct labor cost $ 88,800
Manufacturing overhead cost incurred $ 51,900
Indirect materials included in manufacturing overhead cost incurred $ 3,500
Manufacturing overhead cost applied to Work in Process $ 55,800
Required:
a. Prepare a Schedule of Cost of Goods Manufactured in good form.
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen