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Prepare a schedule of cost of goods manufactured

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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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