aterials used were direct materials.) SUNLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule Work in process inventory (1/1) Direct materials

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Unit v question 2

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Fill in the missing information on the cost of goods manufactured schedule of Sunland Manufacturing Company: (Assume all raw
materials used were direct materials.)
SUNLAND MANUFACTURING COMPANY
Cost of Goods Manufactured Schedule
Work in proceSs inventory (1/1)
$394.400
Direct materials
Raw materials inventory (1/1)
Raw materials purchases
0986
Raw materials available for use
Raw materials inventory
(12/31)
Direct materials used
Direct labor
Manufacturing overhead
Indirect labor
Factory depreciation
44,080
Factory utilities
45,240
Total overhead
Total manufacturing costs
Total cost of workin process
Less: Work in process inventory
(12/31)
373,520
$556.800
Cost of goods manufactured
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Transcribed Image Text:Current Attempt in Progress Fill in the missing information on the cost of goods manufactured schedule of Sunland Manufacturing Company: (Assume all raw materials used were direct materials.) SUNLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule Work in proceSs inventory (1/1) $394.400 Direct materials Raw materials inventory (1/1) Raw materials purchases 0986 Raw materials available for use Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation 44,080 Factory utilities 45,240 Total overhead Total manufacturing costs Total cost of workin process Less: Work in process inventory (12/31) 373,520 $556.800 Cost of goods manufactured eTextbook and Media Attempts: 0 of 3 used Submit Answer
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