Question: Beck Manufacturing reports the information below for 2017 Begin. Inv. Purchases Avail. for use 52,000 End. Inv. Begin. Inv. DM used Direct labor Overhead Avail.

Beck Manufacturing reports the information below for 2017 Begin. Inv. Purchases Avail. for use 52,000 End. Inv. Begin. Inv. DM used Direct labor Overhead Avail. for mfg. Raw Materials Inventory 10,500 57,000 67,500 DM used 15,500 Work in Process Inventory 16,800 52,000 31,100 69,500 169,400 Cost of goods mfg 13,700 Finished Goods Inventory 17,500 155,700 173,200 Cost of Goods Sold 18,600 155,700 End. Inv. Begin. Inv. Cost of goods mfg Avail. for sale 154,600 End. Inv. 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. BECK MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Direct labor Factory overhead costs Total manufacturing costs Add: work in process, December 31, 2016 Total cost of work in process Less: work in process, December 31, 2017 Cost of goods manufactured
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