Prepare the schedule of cost of goods manufactured for Barton Company using the following information for the year ended December 31. Direct materials used Direct labor Factory overhead Work in process inventory, beginning Work in process inventory, ending Barton Company Schedule of Cost of Goods Manufactured. For Year Ended December 31 Direct materials used Direct labor Factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process $225,000 66, 500 25, 200 168, 400 160,000 Less: Work in process inventory, ending Cost of goods manufactured $ 0 0 0

Prepare the schedule of cost of goods manufactured for Barton Company using the following information for the year ended December 31. Direct materials used Direct labor Factory overhead Work in process inventory, beginning Work in process inventory, ending Barton Company Schedule of Cost of Goods Manufactured. For Year Ended December 31 Direct materials used Direct labor Factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process $225,000 66, 500 25, 200 168, 400 160,000 Less: Work in process inventory, ending Cost of goods manufactured $ 0 0 0

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter26: Manufacturing Accounting: The Job Order Cost System

Section: Chapter Questions

Problem 2SEB: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Sanchez Welding and...

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SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Sanchez Welding and Manufacturing Company. Prepare a schedule of cost of goods manufactured for the year ended December 31, 20--. Assume that all materials inventory items are direct materials. Work in process, January 1 20,500 Materials inventory, January 1 11,000 Materials purchases 12,000 Materials inventory, December 31 13,000 Direct labor 9,500 Overhead 5,500 Work in process, December 31 10,500
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