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Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw materials used were direct materials.) Work in process inventory (1/1) Direct materials Raw materials inventory (1/1) Raw materials purchases $ PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 221,400 $306,000

Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw materials used were direct materials.) Work in process inventory (1/1) Direct materials Raw materials inventory (1/1) Raw materials purchases $ PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 221,400 $306,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw materials used were direct materials) Work in process inventory (1/1). Direct materials Raw materials inventory (1/1) Raw materials purchases Raw materials available for use Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead $ PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 221,400 33,300 $229,500 $306,000
Transcribed Image Text:Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw materials used were direct materials) Work in process inventory (1/1). Direct materials Raw materials inventory (1/1) Raw materials purchases Raw materials available for use Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead $ PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 221,400 33,300 $229,500 $306,000
acturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process inventory (12/31) Cost of goods manufactured 17.100 34,200 35.100 289,800 $432,000
Transcribed Image Text:acturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process inventory (12/31) Cost of goods manufactured 17.100 34,200 35.100 289,800 $432,000
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