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The Following Information Is Supplied for Chang Manufacturing Company ​
Required:
Prepare a Schedule of Cost of Goods Manufactured

Question 69

Essay

The following information is supplied for Chang Manufacturing Company.  Work in process, January 1,20$23,725 Material s inventory, January 1,2011,800 Materials purchases 12,700 Materials inventory, December 31, 20– 10,900 Direct labor 15,400 Factory overhead 6,700 Work in process, December 31, 20– 19,500\begin{array}{lr}\text { Work in process, January } 1,20-- & \$ 23,725 \\\text { Material s inventory, January } 1,20-- & 11,800 \\\text { Materials purchases } & 12,700 \\\text { Materials inventory, December 31, 20-- } & 10,900 \\\text { Direct labor } & 15,400 \\\text { Factory overhead } & 6,700 \\\text { Work in process, December 31, 20-- } & 19,500\end{array}
Required:
Prepare a schedule of cost of goods manufactured for the year ended December 31, 20--.

Correct Answer:

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