An incomplete cost of goods manufactured schedule is presented below.
GARCIA MANUFACTURING COMPANY
Cost of Goods Manufactured Schedule
For the Year Ended December 31, 2011

Instructions
Complete the cost of goods manufactured schedule for Garcia ManufacturingCompany.

Transcribed Image Text:

Work in process (1 Direct materials /1) $210,000 Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) 158,000 12,500 Direct materials used Direct labor Manufacturing o $190,000 verhead Indirect labor Factory depreciation Factory utilities Total overhead 18,000 36,000 68,000 122,000 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 81,000 $510,000