Direct Materials, January 2008 $40,000

Work in Process, December 2008 $69,000

Direct Labor $48,500

Finished Goods December 105,000

Finished Goods January 128,000

Manufacturing Overhead 72,500

Direct Materials, December 43,000

Work in Process January 87,000

Purchases of direct material 75,000

Can you show me how to make this into a cost of goods sold statement?

Answer rating: 100% (QA)

Here is how I would create a Cost of Goods Sold statement from the information pr... View the full answer