Glenville Company has the following information for April: Cost of direct materials used in production $36,000 Direct labor 44,000 Factory overhead 27,000 Work in process inventory, April 1 28,000 Work in process inventory, April 30 27,000 Finished goods inventory, April 1 32,000 Finished goods inventory, April 30 20,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company
Glenville Company has the following information for April: Cost of direct materials used in production $36,000 Direct labor 44,000 Factory overhead 27,000 Work in process inventory, April 1 28,000 Work in process inventory, April 30 27,000 Finished goods inventory, April 1 32,000 Finished goods inventory, April 30 20,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter1: Introduction To Cost Accounting
Section: Chapter Questions
Problem 8E: The following data are taken from the general ledger and other records of Phoenix Products Co. on...
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