Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 31,000 $ 4,680...
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Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 31,000 $ 4,680 $ 59,400 $ 88,600 $ 4,010 Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning $ 54, 600 $ 10,000 $ 33,100 Ending $ 68,400 $ 19,000 $ 43,500 Work in process Raw materials Finished goods Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Required 1 Required 2 Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Primare Corporation Schedule of Cost of Goods Sold < Required 1 Required 2 Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 31,000 $ 4,680 $ 59,400 $ 88,600 $ 4,010 Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning $ 54, 600 $ 10,000 $ 33,100 Ending $ 68,400 $ 19,000 $ 43,500 Work in process Raw materials Finished goods Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Required 1 Required 2 Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Primare Corporation Schedule of Cost of Goods Sold < Required 1 Required 2
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Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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