Prepare a schedule of cost of goods manufactured

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

Inventories Beginning Ending

Raw Materials $30,000 $33,000

Work in Process $20,000 $18,000

Finished goods $52,000 $50,000

Additional Information

Raw Material purchases $63,000

Direct labor costs $92,000

Manufacturing overhead cost incurred $75,000

Indirect materials included in manufacturing

over head costs incurred $6,000

Manufacturing overhead cost applied to work in process $72,000

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

Reference no: EM131812358

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