Cost data for T. Clark Manufacturing Company for the month ending April 30, 2008, are as follows:
Question:
a. Prepare a cost of goods manufactured statement for April 2008.
b. Determine the cost of goods sold for April2008.
Transcribed Image Text:
Inventories April 1 April 30 Materials Work in process Finished goods 125,000 110,000 95,000 75,000 85,000 65,000 Direct labor Materials purchased during April Factory overhead incurred during April: 225,000 240,000 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous cost 24,000 14,000 5,000 4,000 3,500 6,500
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Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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