Question

S18-9 (book/static) Use the following inventory data for Caddy Golf Company to compute the cost of goods (Click the icon to view the inventory data.) I a Caddy Golf Company Schedule of Cost of Goods Manufactured Data Table $ 12,000 21,000 Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For Direct Materials Used Manufacturing Overhead Work-in-Process Inventory Beginning Balance Ending Balance Direct Labor Finished Goods Inventory Beginning Balance Ending Balance 1,000 5,000 9,000 Cost of Goods Manufactured 18,000 4,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Che

Answer 1

Caddy Golf Company
Schedule of Cost of Goods Manufactured
Work in process, beginning		1,000
Direct materials used	12,000
Direct labor	9,000
Manufacturing overhead	21,000
Total Manufacturing Costs incurred during the Year		42,000
Total Manufacturing Costs to Account for		$43,000
Work in process, Ending		-5,000
Cost of Goods Manufactured		$38,000

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