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 inventory | 31,350 | 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.
Correct Answer:
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