Prepare a schedule of cost of goods manufactured for company

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Reference no: EM13142406

Prepare a Schedule of Cost of Goods Manufactured

Lompac Products manufactures a variety of products in its factory. Data for the most recent month’s operations appear below:

Beginning raw materials inventory 60,000
Purchases of raw materials 690,000
Ending raw materials inventory 45,000
Direct labor 135,000
Manufacturing overhead 370,000
Beginning WIP inventory 120,000
Ending WIP inventory 130,000

Required: Prepare a schedule of cost of goods manufactured for the company for the month

Reference no: EM13142406

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