Question: /10 Current Attempt in Progress From the account balances listed below, prepare a schedule of cost of goods manufactured for Crane Manufacturing Company for the
/10 Current Attempt in Progress From the account balances listed below, prepare a schedule of cost of goods manufactured for Crane Manufacturing Company for the month ended December 31, 2022. (Assume all raw materials used were direct materials) View Policies Account Balances Finished Goods Inventory, December 31 $43,680 Factory Supervisory Salaries 12.480 Income Tax Expense 18,720 Raw Materials Inventory, December 11 12.480 Work In Process Inventory, December 31 15,600 Sales Salaries Expense 14.560 Factory Depreciation Expense 8.320 Finished Goods Inventory, December 1 36,400 Raw Materials Purchases i 109,200 Work In Process Inventory. December 11 26.000 6.240 Factory Utilities Expense 72 800 A Factory Depreciation Expense 8.320 Finished Goods Inventory, December 1 36.400 Raw Materials Purchases 109,200 Work In Process Inventory, December 1 26,000 4 Factory Utilities Expense 6.240 Direct Labor 72,800 Raw Materials Inventory. December 31 19,760 Sales Returns and Allowances 5,200 Indirect Labor 21,840 CRANE MANUFACTURING COMPANY Cost of Goods Manufactured Schedule $ CRANE MANUFACTURING COMPANY Cost of Goods Manufactured Schedule $ 4:40 PM Question 27 of 30 -710 30
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
