Solution-Prepare a schedule of cost of goods manufactured

Prepare a schedule of cost of goods manufactured

Assignment Help Accounting Basics

Reference no: EM131829991

Problem - Hirschman Corporation has provided the following data for the month of April:

Inventories Beginning Ending

Raw materials $ 21,000 $ 35,000

Work in process 17,000 19,000

Finished goods 46,000 38,000

Additional information:

Raw materials purchases $ 76,000

Direct labor cost 81,000

Manufacturing overhead cost incurred 42,000

Indirect materials included in manufacturing overhead cost incurred 6,000

Manufacturing overhead cost applied to Work in Process 44,000

Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.

Reference no: EM131829991

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Prepare a schedule of cost of goods manufactured

Reference no: EM131829991

Reference no: EM131829991

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