Question

April April 30 Raw materials inventory Work in process inventory $10,400$13,900 3,320 5,010 Materials purchased in April Direct labor in April Manufacturing overhead in April $98,300 80,300 162,000 Prepare the cost of goods manufactured schedule for the month of April. TOMLIN COMPANY of Goods Manufactured Schedule For the Month Ended April 30 Work in process, April 1 5,010 Direct Materials Raw Materials, April 1 10,400 Raw Materials Purchases 98,300 sat e0,.30 Total Raw Materials Available for Use Less-| Raw Materials, April 30 13,900 Direct Materials Used 94,4000 Direct Labor 80,300 Manufacturing Overhead 162,000 reda Total Manufacturing Costs 336,700 Total Cost of Work in Process 341,710 Less ▼ I. work in process, April 30 3,320 Cost of Goods Manufactured 338,390

Answer 1

Everything is correct, except for Total of Beginning raw material and Raw material purchases.

10400 + 98300 = $ 108,700 [not $ 108,300]
This mistake has led to other totaling mistakes.

Correct figures:

WIP April 1			$                 5,010
Direct Materials:
Raw material April 1	$                10,400
Raw material purchases	$                98,300
Total raw material available for use	$              108,700
Less: Raw material April 30	$                13,900
Direct materials used		$               94,800
Direct Labor		$               80,300
Manufacturing overhead		$             162,000
Total manufacturing costs			$            337,100
Total cost of WIP			$            342,110
Less: WIP April 30			$                 3,320
Cost of Goods manufactured			$            338,790