18. Make up your own manufacturing cost and income statement data for September 2020 in the...

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18. Make up your own manufacturing cost and income statement data for September 2020 in the following format: September 1 September 30 Materials Inventory $??? $??? Work In Process Inventory ??? ??? Finished Goods Inventory ??? ??? $??? ??? Materials Purchased in September Direct Materials cost in September Direct Labor cost in September Factory Overhead cost in September ??? ??? Sales Revenue in September ??? Instructions; Note: Make up your own numbers in the format above. You will not receive credit if your beginning (Sep. 1) inventories are the same as your ending (Sep. 30) inventories. a) Calculate your Cost of Goods Manufactured for the month of September 2020: b) Calculate Cost of Goods Sold (expense) for the month of September 2020: c) Calculate Gross Profit for September 2020: 18. Make up your own manufacturing cost and income statement data for September 2020 in the following format: September 1 September 30 Materials Inventory $??? $??? Work In Process Inventory ??? ??? Finished Goods Inventory ??? ??? $??? ??? Materials Purchased in September Direct Materials cost in September Direct Labor cost in September Factory Overhead cost in September ??? ??? Sales Revenue in September ??? Instructions; Note: Make up your own numbers in the format above. You will not receive credit if your beginning (Sep. 1) inventories are the same as your ending (Sep. 30) inventories. a) Calculate your Cost of Goods Manufactured for the month of September 2020: b) Calculate Cost of Goods Sold (expense) for the month of September 2020: c) Calculate Gross Profit for September 2020:

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cost of goods manufactured beginning raw materials inventory 14900 plusr... View the full answer