danni3
Sep 7, 2010, 11:28 PM
I have to prepare a Cost of Goods Manufactured Schedule. The information that I have is: Work in process 1 January $120,000; Total manufacturing costs incurred during the year $660,000; Raw materials Purchases $190,000; Raw Materials Inventory 31 December $65,000; Prime manufacturing costs for the year $350,000; Conversion costs for the year $400,000. I have a few ideas on how it will look but just need to know if I'm on the right track