The following costs and inventory data were taken from the accounts of Carla Vista Company for 2022: (Assume all raw materials used were direct materials.) Inventories: Raw materials Work in proces Finished goods Costs incurred: Raw materials purchases Direct labor January 1, 2022 $ 7,680 14,400 15,360 December 31, 2022 6,720 12,480 11,520 $ 94,080 40,320 7,680 9,600 5,760 8,640 16,320 Factory rent Factory utilities Indirect materials Indirect labor Operating expenses Prepare a schedule of Cost of Goods Manufactured for Carla Vista Company for the year ended December 31, 2022 in good form. CARLA VISTA COMPANY Schedule of Cost of Goods Manufactured in

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following costs and inventory data were taken from the accounts of Carla Vista Company for 2022: (Assume all raw materials
used were direct materials.)
Inventories:
Raw materials
Work in proces
Finished goods
Costs incurred:
Raw materials purchases
Direct labor
Factory rent
Factory utilities
Indirect materials
Indirect labor
Operating expenses
January 1, 2022
$ 7,680
14,400
15,360
December 31, 2022
$
6,720
12,480
11,520
$ 94,080
40,320
7,680
9,600
5,760
8,640
16,320
Prepare a schedule of Cost of Goods Manufactured for Carla Vista Company for the year ended December 31, 2022 in good form.
CARLA VISTA COMPANY
Schedule of Cost of Goods Manufactured
in
Transcribed Image Text:The following costs and inventory data were taken from the accounts of Carla Vista Company for 2022: (Assume all raw materials used were direct materials.) Inventories: Raw materials Work in proces Finished goods Costs incurred: Raw materials purchases Direct labor Factory rent Factory utilities Indirect materials Indirect labor Operating expenses January 1, 2022 $ 7,680 14,400 15,360 December 31, 2022 $ 6,720 12,480 11,520 $ 94,080 40,320 7,680 9,600 5,760 8,640 16,320 Prepare a schedule of Cost of Goods Manufactured for Carla Vista Company for the year ended December 31, 2022 in good form. CARLA VISTA COMPANY Schedule of Cost of Goods Manufactured in
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