Monday, May 30, 2016

The following data (in thousands of dollars) have been taken from the accounting records of Larklin Corporation for the just-completed year.

The following data (in thousands of dollars) have been taken from the accounting records of Larklin Corporation for the just-completed year.

Sales    $920
Purchases of raw materials    $215
Direct labor    $170
Manufacturing overhead    $275
Administrative expenses    $180
Selling expenses    $140
Raw materials inventory, beginning    $100
Raw materials inventory, ending    $65
Work-in-process inventory, beginning    $75
Work-in-process inventory, ending    $35
Finished goods inventory, beginning    $130
Finished goods inventory, ending    $165

Prepare a Schedule of Cost of Goods Manufactured statement in the text box below.
                                      

 CLICK HERE TO GET THE ANSWER !!!!

No comments:

Post a Comment