Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Beginning...

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Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Beginning Purchases Available for use Ending Ending Debit Beginning Direct materials used Direct labor Overhead Debit Ending Debit Beginning Cost of goods manufactured Available for sale 11,900 46,500 58,400 8,900 Work in Process Inventory 16,400 49,500 28,700 60,500 155,100 16,000 141,600 157,600 Direct materials used. 13,500 Finished Goods Inventory 18,200 Credit Credit Cost of goods manufactured Credit Cost of goods sold 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. 49,500 141,600 139,400 Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Beginning Purchases Available for use Ending Ending Debit Beginning Direct materials used Direct labor Overhead Debit Ending Debit Beginning Cost of goods manufactured Available for sale 11,900 46,500 58,400 8,900 Work in Process Inventory 16,400 49,500 28,700 60,500 155,100 16,000 141,600 157,600 Direct materials used. 13,500 Finished Goods Inventory 18,200 Credit Credit Cost of goods manufactured Credit Cost of goods sold 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. 49,500 141,600 139,400

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1 Schedule of Cost of Goods Manufactured Beginning Work in Process 16400 Direct Materials Used 49500 ... View the full answer