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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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
Transcribed Image Text: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
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