Manufactring overhead cost applied to wip 69000prepare a

Assignment Help Accounting Basics

Reference no: EM13581256

Hunsicker Corporation has provided the following data for the month of January:

Inventories----- Beginning ----- Ending

Raw Mat -------30,000 ----------- 33,000

WIP ------------- 20,000 ---------- 18,000

Fin Goods -----52,000 ---------- 60,000

Additional Info

Raw Materials purchased 63,000

Direct labor costs 92,000

Manufacutring overhead cost incurred 75,000

Indirect materials included in manuf overhead costs incurred 6,000

Manufactring overhead cost applied to WIP 69,000

Prepare a schedule of cost of goods manufactured and a schedule of cost of goods sold in good form.

Reference no: EM13581256

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