Reference no: EM132560615

A.B.C furniture Inc manufactures bookshelves. The total manufacturing cost for September is as follows.

1. Raw marital purchased $92,430.00
2. Raw material used - direct materials $82,475.00 indirect materials, $16,175.00
3. Factory wage earned $106,620.00
4. Factory wage allocated direct labor-$84,060, indirect labor $22,560
5. Other overhead cost incurred $30,563 (credit the total to voucher payable)
6. Estimated manufacturing overhead cost applied to jobs worked on $67,248
7. Finished goods transferred to ware house $229,348
8. Finished goods sold and shipped to customer $231,898
9. Finished goods sold and billed to customer $336,252

Instruction

Question 1: create journal entry

. Assuming beginning balance of

- Raw material-------$64,820 dr

- Work in process-----$48,370 dr

- Finished goods-------$32,090 dr

Question 2: Calculate the cost of goods manufactured