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-   -   Fill in the blanks on this "Cost of Goods Manufactured" and how you got the answer (https://www.askmehelpdesk.com/showthread.php?t=435940)

  • Jan 16, 2010, 03:55 PM
    reese04
    Fill in the blanks on this "Cost of Goods Manufactured" and how you got the answer
    Work in process inventory, December 1, 2010 246000

    Direct Materials:
    Materials inventory, December 1, 2010 102000
    Purchases 230000
    Cost of materials available for use 332000
    Less materials inventory, December 31, 2010 ?
    Cost of direct materials used in production ?

    Direct labor ?
    Factory overhead 114000

    Total Manufacturing costs incurred during December 660000

    Total Manufacturing costs 906000

    Less work in process inventory, December 31, 2010 252000

    Cost of goods manufactured 654000
  • Jan 16, 2010, 04:04 PM
    Curlyben
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: https://www.askmehelpdesk.com/financ...-b-u-font.html

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