Reference no: EM132813292
Question - Cost of Goods Sold, Cost of Goods ManufacturedGlenville Company has the following information for April:
Cost of direct materials used in production $65,000
Direct labor 80,000
Factory overhead 35,000
Work in process inventory, April 1 53,000
Work in process inventory, April 30 47,000
Finished goods inventory, April 1 23,000
Finished goods inventory, April 30 17,000
Required -
a. For April, determine the cost of goods manufactured. Using the data given, make a statement of Cost of Goods Manufactured.
b. For April, determine the cost of goods sold. Using the data given, to make a statement of Cost of Goods Sold.
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