Christine Corp.applies manufacturing overhead to production at 80% of direct labor cost.During the year ended 20xx,manufacturing overhead of $200,000 was applied to production;actual manufacturing overhead was $189,000.Beginning Work in Process Inventory was $25,000,and beginning Finished Goods Inventory was $45,000.Work in Process Inventory decreased by 20% during the year and Finished Goods Inventory decreased by 10% during the year.Adjusted Cost of Goods Sold was $623,500 for the year ended 20xx.
Complete the following schedule:

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The Answer of Christine Corp.applies manufacturing overhead to production at 80% of direct labor cost.During the year ended 20xx,manufacturing overhead of $200,000 was applied to production;actual manufacturing overhead was $189,000.Beginning Work in Process Inventory was $25,000,and beginning Finished Goods Inventory was $45,000.Work in Process Inventory decreased by 20% during the year and Finished Goods Inventory decreased by 10% during the year.Adjusted Cost of Goods Sold was $623,500 for the year ended 20xx.
Complete the following schedule: