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Help 1 System Announcements CALCULATOR PRINTER VERSION BACK NEXT Challenge Exercise 19-02 a-b, c1 (Part Level Submission) An
CALCULATOR PRINTER VERSION BACK NEXT BRAMBLE COMPANY Cost of Goods Manufactured Schedule $220,220 Work in process (1/1) Direc
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Answer #1
Sheridan company
Cost of Goods Manufactured schedule
Opening WIP 6,800
Direct Materials
OP. RM Inventory 12,500
Purchases 63,700
Total RM available for use 76,200
Less:- Cl. RM Inventory -11,000
DM use 65,200
D. labour 50,800
Mfg. OH
Indirect labour 6900
Factory insurance 4700
Machinery dep. 6200
Machinery repairs 2500
Fcatory utilities 4000
Misc. factory costs 1890
Total OH 26190
Total Mfg. cost inurred 1,42,190
Total cost of WIP 1,48,990
Less :- Cl. WIP -5,400
Cost of goods Manufactured 1,43,590
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