Brookside Manufacturing has the following information for June: Item Amount Cost of direct materials used in production $78,000 Direct labor $95,000 Factory overhead $42,000 Work in process inventory, June 1 $63,000 Work in process inventory, June 30 $59,000 Finished goods inventory, June 1 $37,000 Finished goods inventory, June 30 $32,000 Using the data given, prepare a statement (in table format) of the Cost of Goods Manufactured.

Brookside Manufacturing has the following information for June: Item Amount Cost of direct materials used in production $78,000 Direct labor $95,000 Factory overhead $42,000 Work in process inventory, June 1 $63,000 Work in process inventory, June 30 $59,000 Finished goods inventory, June 1 $37,000 Finished goods inventory, June 30 $32,000 Using the data given, prepare a statement (in table format) of the Cost of Goods Manufactured.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter1: Introduction To Cost Accounting

Section: Chapter Questions

Problem 8P: OReilly Manufacturing Co.s cost of goods sold for the month ended July 31 was 345,000. The ending...

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