Prepare the schedule of cost of goods manufactured for Barton Company using the following information for the year ended December 31. Direct materials used Direct labor Factory overhead Work in process inventory, beginning Work in process inventory, ending Barton Company Schedule of Cost of Goods Manufactured. For Year Ended December 31 Direct materials used Direct labor Factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process $225,000 66, 500 25, 200 168, 400 160,000 Less: Work in process inventory, ending Cost of goods manufactured $ 0 0 0
Prepare the schedule of cost of goods manufactured for Barton Company using the following information for the year ended December 31. Direct materials used Direct labor Factory overhead Work in process inventory, beginning Work in process inventory, ending Barton Company Schedule of Cost of Goods Manufactured. For Year Ended December 31 Direct materials used Direct labor Factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process $225,000 66, 500 25, 200 168, 400 160,000 Less: Work in process inventory, ending Cost of goods manufactured $ 0 0 0
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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Transcribed Image Text:Prepare the schedule of cost of goods manufactured for Barton Company using the following Information for the year ended
December 31.
Direct materials used
Direct labor
Factory overhead
Work in process inventory, beginning
Work in process inventory, ending
Barton Company
Schedule of Cost of Goods Manufactured
For Year Ended December 31
Direct materials used
Direct labor
Factory overhead
$ 225,000
66, 508
25, 200
168, 490
160,000
Total manufacturing costs
Add: Work in process inventory, beginning
Total cost of work in process
Less: Work in process inventory, ending
Cost of goods manufactured
$
0
0
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