Additional information:

Raw materials purchases

Direct labor cost

$$73,600$

Manufacturing overhead cost incurred

Indirect materials included in manufacturing overhead cost incurred

Manufacturing overhead cost applied to Work in Process

$$43,760$

$$4,160$

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

Required:

Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold.

Complete this question by entering your answers in the table below.

COGM COGS

Prepare a Schedule of Cost of Goods Sold. SOLVE FOR OVER?UNDER APPLIED OVERHEAD