Slicing Golf Company Schedule of Cost of Goods Manufactured Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured 16,000 13,000 26,000 $ 7,000 55.000 62,000 (1.000) 61,000 Data Direct Materials Used Manufacturing Overhead Work-in-Process Inventory, Beginning Balance Work-in-Process Inventory, Ending Balance Direct Labor Finished Goods Inventory, Beginning Balance Finished Goods Inventory, Ending Balance Print Done $ 16,000 26,000 7,000 1,000 13,000 17,000 10,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Slicing Golf Company
Schedule of Cost of Goods Manufactured
Beginning Work-in-Process Inventory
Direct Materials Used
Direct Labor
Manufacturing Overhead
Total Manufacturing Costs Incurred during the Year
Total Manufacturing Costs to Account For
Ending Work-in-Process Inventory
Cost of Goods Manufactured
16,000
13,000
26,000
$ 7,000
55,000
62,000
(1.000)
61,000
Data
Direct Materials Used
Manufacturing Overhead
Work-in-Process Inventory, Beginning Balance
Work-in-Process Inventory, Ending Balance
Direct Labor
Finished Goods Inventory, Beginning Balance
Finished Goods Inventory, Ending Balance
Print
Done
$ 16,000
26,000
7,000
1,000
13,000
17,000
10,000
I
Transcribed Image Text:Slicing Golf Company Schedule of Cost of Goods Manufactured Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured 16,000 13,000 26,000 $ 7,000 55,000 62,000 (1.000) 61,000 Data Direct Materials Used Manufacturing Overhead Work-in-Process Inventory, Beginning Balance Work-in-Process Inventory, Ending Balance Direct Labor Finished Goods Inventory, Beginning Balance Finished Goods Inventory, Ending Balance Print Done $ 16,000 26,000 7,000 1,000 13,000 17,000 10,000 I
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