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Using the Information Below,prepare a Schedule of Cost of Goods

Question 127

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Using the information below,prepare a Schedule of Cost of Goods Manufactured (in good form)for the Cayton Company for June 20y0:


Begining  Ending
Raw material inventory   $8,500     $9,700
Work in process inventory  20,400      25,800
Finished goods inventory31,350    21,375

Additional information: purchases of raw material were $51,900;21,560 direct labor hours were worked at $12.50 per hour;overhead costs were $39,800.

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