Cost of goods manufactured statement

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Cost of Goods Manufactured Statement

Denny Corporation, a manufacturing company, produces a single product.  The following information has been taken from the company's production, sales, and cost records for the year just completed:

Production in units

51,000

Direct labor

$120,325

Raw materials purchased

$325,019

Manufacturing overhead

$250,265

Selling and administrative expenses

$422,100

Raw Materials, Beginning

$62,900

Raw Materials, Ending

$45,345

Work in Process, Beginning

$52,984

Work in Process, Ending

$58,777

Instructions

Prepare the cost of goods manufactured statement.

Reference no: EM13760355

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