Solution-Prepare a statement cost of goods manufactured

Prepare a statement cost of goods manufactured

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Reference no: EM131805145

Peters Manufacturing Company Has the following data at June 30 2014:

Raw materials inventory, June 1 13,800

Indirect Factory Labor 40,000

Work in Process Inventory June 1 18,100

Finished goods Inventory June 1 43,500

Direct Material Purchased 230,000

Direct Labor 120,000

Factory utilities 35,000

Depreciation factory equipment 20,000

Sales 9,000

Work in Process inventory, June 30 30,400

Finished Goods Inventory, June 30 65,200

Raw Material Inventory, June 30 18,000

Instructions:

(a) Prepare a statement cost of goods manufactured for the month of June

(b) Prepare an income statement through gross profit for the month of June.

Reference no: EM131805145

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Prepare a statement cost of goods manufactured

Reference no: EM131805145

Reference no: EM131805145

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