The following information is available for Blossom Company at December 31, 2022: 1. Inventory balance Beginning...

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The following information is available for Blossom Company at December 31, 2022: 1. Inventory balance Beginning of Year End of Year Finished Goods $17,360 $12,400 Work in Process 7,440 14,880 Raw Materials 12,772 8,060 2. Debit postings to Work in Process Inventory during the year were: Direct materials $111,600 Direct labor 74,400 Manufacturing overhead applied 93,000 3. Sales totaled $384,400 for the year. (a) Prepare a condensed cost of goods manufactured schedule. The following information is available for Blossom Company at December 31, 2022: 1. Inventory balance Beginning of Year End of Year Finished Goods $17,360 $12,400 Work in Process 7,440 14,880 Raw Materials 12,772 8,060 2. Debit postings to Work in Process Inventory during the year were: Direct materials $111,600 Direct labor 74,400 Manufacturing overhead applied 93,000 3. Sales totaled $384,400 for the year. (a) Prepare a condensed cost of goods manufactured schedule.

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To prepare the condensed cost of goods manufactured schedule for Blossom Company we need to use the ... View the full answer