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Show a schedule of cost of goods manufactured

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Reference no: EM132534083

PT. ABC manufactures Corned Beans. Here are the January 2020 data:

Beginning raw materials inventory = $ 300.000
Purchase of raw materials = $ 3.450.000
Ending raw materials inventory = $ 225.000
Direct labor = $ 675.000
Manufacturing overhead = $ 1.850.000
Beginning work in process inventory = $ 600.000
Ending work in process invetory = $ 650.000
Beginning finished goods = $ 50.000
Ending finished goods = $ 75.000

Question 1: Make a schedule of cost of goods manufactured

Question 2: Calculate cost of goods sold

Reference no: EM132534083

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