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Bluegill,Inc Required
Using the Above Cost Information,prepare a Cost of Goods

Question 139

Essay

Bluegill,Inc.produces spincast reels.The company's controller has provided you with the following information.
 Beginning balance, Direct Materials Inventory $75,000 Ending balance, Direct Materials Inventory 69,000 Beginning balance, Work in Process Inventory 122,000 Ending balance, Work in Process Inventory 125,000 Direct Labor 757,000 Manufacturing Overhead 347,000 Direct materials purchased 847,000\begin{array}{lr}\text { Beginning balance, Direct Materials Inventory } & \$ 75,000 \\\text { Ending balance, Direct Materials Inventory } & 69,000 \\\text { Beginning balance, Work in Process Inventory } & 122,000 \\\text { Ending balance, Work in Process Inventory } & 125,000 \\\text { Direct Labor } & 757,000 \\\text { Manufacturing Overhead } & 347,000 \\\text { Direct materials purchased } & 847,000\end{array} Required
Using the above cost information,prepare a cost of goods manufactured schedule.

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