The following information is available for Tomlin
Company.
|
April 1 |
April 30 |
|||||
|---|---|---|---|---|---|---|
| Raw materials inventory | $10,000 | $13,500 | ||||
| Work in process inventory | 4,500 | 3,000 | ||||
| Materials purchased in April | $97,500 | |||||
| Direct labor in April | 79,500 | |||||
| Manufacturing overhead in April | 155,000 |
Prepare the cost of goods manufactured schedule for the month of
April.
Homework Answers
| TOMLIN COMPANY | |||
| Cost of goods manufactured schedule | |||
| For the month ended April 30 | |||
| Work-in-process, April 01 | 4,500 | ||
| Direct materials | |||
| Add: Raw materials, April 01 | 10,000 | ||
| Raw materials purchases | 97,500 | ||
| Raw materials goods available for use | 1,07,500 | ||
| Less: Raw materials, April 30 | 13,500 | ||
| Direct materials used | 94,000 | ||
| Direct labor | 79,500 | ||
| Manufacturing overhead | 1,55,000 | ||
| Total manufacturing costs | 3,28,500 | ||
| Total cost of work-in-process | 3,33,000 | ||
| Less: Work-in-process, April 30 | 3,000 | ||
| Cost of goods manufactured | 3,30,000 |
Add Answer to:
The following information is available for Tomlin
Company.
April 1
April 30
Raw materials inventory
$10,000...
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The following information is available for Tomlin Company.
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