Schedule of costs o goods manufactured

mvppt 1,692 views 1 slides Oct 04, 2010
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Schedule of Cost of Goods Manufactured Raw materials used in production Direct labor------------------------------------------------- (+) Manufacturing overhead--------------------------- Total manufacturing costs (+) Add: Beginning work in process inventory---- (-) Deduct: Ending work in process inventory----- Cost of goods manufactured---- Direct materials: (+) Beginning : raw materials inventory------------ (-) Deduct: Ending raw materials inventory-------- (+) Add: Purchases of raw materials----------------- $     7 ,000  118,000    (15,000) $110,000   70,000      80,000   260,000      10,000        (5,000)   $265,000     Remember this format Let’s fill the amount
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