Solution-Prepare a schedule of cost of goods manufactured

Prepare a schedule of cost of goods manufactured

Assignment Help Accounting Basics

Reference no: EM131796983

Pirkl Corporation has provided the following data for the month of March:

Inventories	Beginning		Ending
Raw materials	$	23,000	$	37,000
Work in process	$	16,000	$	25,000
Finished goods	$	45,000	$	31,000

Additional Information:

Raw materials purchases	$	73,000
Direct labor cost	$	85,000
Manufacturing overhead cost incurred	$	42,600
Indirect materials included in manufacturing overhead cost incurred	$	6,400
Manufacturing overhead cost applied to work in process	$	44,100

Required:

Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold. (Input all amounts as positive values. Omit the "$" sign in your response.)

Reference no: EM131796983

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Prepare a schedule of cost of goods manufactured

Reference no: EM131796983

Reference no: EM131796983

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