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Category > Computer Science Posted 28 Aug 2017 My Price 11.00

GARCIA MANUFACTURING COMPANY

E1-9     An incomplete cost of goods manufactured schedule is presented below.

 

 

GARCIA MANUFACTURING COMPANY

Cost of Goods Manufactured Schedule For the Year  Ended December 31,   2011

 

 

 

Work in process (1/1) Direct materials

Raw materials inventory (1/1) Add: Raw materials purchases

 

 

$       ?

158,000

 

 

 

$210,000

Total raw materials available for use Less: Raw materials inventory (12/31)

?

12,500

 

 

 

 

Direct materials used Direct labor Manufacturing overhead

Indirect labor

 

 

 

$  18,000

 

$190,000

?

 

 

Factory depreciation

36,000

 

 

 

 

Factory utilities

68,000

 

 

 

 

Total overhead

 

 

122,000

 

 

Total manufacturing costs

 

 

 

 

?

Total cost of work in process Less: Work in process (12/31)

 

 

 

 

? 81,000

Cost  of  goods manufactured

 

 

 

 

$510,000

 

 

 

Instructions

 

Complete the cost of goods manufactured schedule for Garcia Manufacturing Company.

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Aug 2017 10:08 PM My Price 11.00

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