From the account balances listed below, prepare a schedule of cost of goods manufactured for Sur Manufacturing Company for the month ended December 31, 2019. Finished Goods Inventory, December 31 Factory Supervisory Salaries Raw Materials Inventory, December 1 Work In Process Inventory, December 31 Sales Salaries Expense Factory Depreciation Expense Finished Goods Inventory, December 1 Raw Materials Purchases Work In Process Inventory, December 1 Factory Utilities Expense Direct Labor Account Balances OMR 42,000 12,000 12,000 15,000 14,000 8,000 35,000 105,000 25,000 6,000 70,000 19,000 21,000 Raw Materials Inventory, December 31 Indirect Labor Sur Manufacturing Company Cost of Goods Manufactured Schedule For the Month Ended December 31, 2019
From the account balances listed below, prepare a schedule of cost of goods manufactured for Sur Manufacturing Company for the month ended December 31, 2019. Finished Goods Inventory, December 31 Factory Supervisory Salaries Raw Materials Inventory, December 1 Work In Process Inventory, December 31 Sales Salaries Expense Factory Depreciation Expense Finished Goods Inventory, December 1 Raw Materials Purchases Work In Process Inventory, December 1 Factory Utilities Expense Direct Labor Account Balances OMR 42,000 12,000 12,000 15,000 14,000 8,000 35,000 105,000 25,000 6,000 70,000 19,000 21,000 Raw Materials Inventory, December 31 Indirect Labor Sur Manufacturing Company Cost of Goods Manufactured Schedule For the Month Ended December 31, 2019
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter7: Inventories: Cost Measurement And Flow Assumptions
Section: Chapter Questions
Problem 1E: Inventory Accounts for a Manufacturing Company Fujita Company produces a single product. Costs...
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