Question: Here's the information you have pulled, with the same items as last year. Beginning of Year End of year DM Inventory $8,500 $10,000 WIP Inventory

Here's the information you have pulled, withHere's the information you have pulled, withHere's the information you have pulled, withHere's the information you have pulled, withHere's the information you have pulled, with
Here's the information you have pulled, with the same items as last year. Beginning of Year End of year DM Inventory $8,500 $10,000 WIP Inventory 21,000 13.000 FG Inventory 6,300 8,700 DM purchases 153,000 DL costs 209,000 Production supervisor salary 60,000 Utility costs in production space 13.000 Depreciation on manufacturing facility and equipment 43.000 Indirect materials 8,100 Indirect labor 14,000Prepare a complete schedule of COGM and COGS for Metlock Blue for the current year, in good form. Schedule of COGM & COGS v v v v Vv v\fQuestion 7 of 13 - /4 Current Attempt in Progress Your first internship assignment is to prepare two schedules for Metlock Blue Co., a manufacturing company. You have a file that contains a copy of last year's work for both schedules; you plan to follow the same format as last year, hoping the staff accountant had it right. You also have access to the full set of financials for Metlock Blue, and you can dig further into any of the accounts via the accounting system, too. Here's the information you have pulled, with the same items as last year

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!