Question: Raw materials purchased $ 900 Beginning raw materials 50 Direct materials used 790 Indirect materials requested 35 Indirect labor 150 Utilities - administration area 99
| Raw materials purchased | $ 900 | |
| Beginning raw materials | 50 | |
| Direct materials used | 790 | |
| Indirect materials requested | 35 | |
| Indirect labor | 150 | |
| Utilities - administration area | 99 | |
| Utilities - factory area | 210 | |
| Rent - adminstration | 100 | |
| Rent - factory | 250 | |
| Taxes - administration | 200 | |
| Taxes - factory | 400 | |
| Other - factory | 550 | |
| Other manufacturing overhead actual | 75 | |
| Direct labor | 250 | |
| Manufacturing overhead applied at 150% of direct costs | 125% | |
| Beginning WIP | 260 | |
| Ending WIP | 125 | |
| Beginning finished good | 20 | |
| Ending finished goods | 10 |
prepare a schedule of cost of goods manufactured
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
