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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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The following information is available for Ethtridge Manufacturing Company for the month ending July 31:

Cost of direct materials used in production	$1,150,000
Direct labor	966,000
Work in process inventory, July 1	316,400
Work in process inventory, July 31	355,500
Total factory overhead	490,500

Determine Ethtridge's cost of goods manufactured for the month ended July 31.

Ethtridge Manufacturing CompanyStatement of Cost of Goods ManufacturedFor the Month Ended July 31

		$- Select -
Add manufacturing costs incurred during July:
	$- Select -
	- Select -
	- Select -
Total manufacturing costs incurred		fill in the blank 9
Total manufacturing costs		$fill in the blank 10
		- Select -
Cost of goods manufactured		$fill in the blank 13

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