Prepare a schedule of cost of goods manufactured in good

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Reference no: EM133349494

Question: The following data have been taken from the accounting records of Lawson Corp. for this year end: Sales $938 Purchases of raw material $188 Direct labour $150 Manufacturing overhead $275 Administravtive expenses $175 Selling expenses $213 Beginning raw material inventory $75 Ending raw material inventory $113 Beginning WIP inventory $63 Ending WIP inventoy $75 Beginning finished goods inventory $125 Ending finished goods inventory $150 Required:

(a. ) Prepare a schedule of cost of goods manufactured in good form. (b.) Compute the cost of goods sold.

Reference no: EM133349494

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