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All raw materials are considered to the manufacturing

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Reference no: EM13601076

Lang Productions had the following beginning and ending inventory balances for April 2009.

  • 4/1/09 4/30/09
  • Raw material Inventory $18,000 $20,800
  • Work in Process inventory 85,200 50,800
  • Finished Goods Inventory 43,200 14,700

All raw materials are considered to the manufacturing process. During April, the company purchased $260,000 of raw materials. Direct labor cost for the month was $342,000; workers are paid $9.50 per hour. Overhead is applied at the rate of $12.50 for each direct labor hour.

(a) Prepare the Schedule of Cost of Goods Manufactured.
(b) Calculate Cost of Goods Sold for April 2009.

Reference no: EM13601076

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