Vutech Company, a manufacturing firm, has supplied the following information from its accounting records for the month of April: Factory supplies used: $7800 Depreciation on factory building: $ 17500 Salary of company controller: $6300 Factory janitorial costs: $ 4000 Marketing and promotion: $ 9000 Direct Labor costs: $35,000 Purchase of raw materials: 8300 Finished good inventory, Apr 1: $6250 Finished goods inventory, Apr 30: $4450 Work in progress inventory, Apr 1: $12,500 Work in progress inventory, Apr 30: $12000 Material inventory, Apr 1: $7700 Materials inventory, Apr 30: 6400 Prepare a Statement of Cost of Goods Manufactured? How do you figure out the Overhead for the Statement of Cost of Goods Manufactured?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Vutech Company, a manufacturing firm, has supplied the following information from its accounting records for the month of April:

Factory supplies used: $7800

Depreciation on factory building: $ 17500

Salary of company controller: $6300

Factory janitorial costs: $ 4000

Marketing and promotion: $ 9000

Direct Labor costs: $35,000

Purchase of raw materials: 8300

Finished good inventory, Apr 1: $6250

Finished goods inventory, Apr 30: $4450

Work in progress inventory, Apr 1: $12,500

Work in progress inventory, Apr 30: $12000

Material inventory, Apr 1: $7700

Materials inventory, Apr 30: 6400

Prepare a Statement of Cost of Goods Manufactured? 

How do you figure out the Overhead for the Statement of Cost of Goods Manufactured?

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