The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $ 10,000 $ 14,000 Work in process inventory 5,000 3,500
The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $ 10,000 $ 14,000 Work in process inventory 5,000 3,500
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.8C
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Question
The following information is available for Tomlin Company.
April 1
|
April 30
|
|||||
Raw materials inventory | $ 10,000 | $ 14,000 | ||||
Work in process inventory | 5,000 | 3,500 | ||||
Materials purchased in April | $ 98,000 | |||||
Direct labor in April | 80,000 | |||||
Manufacturing overhead in April | 160,000 |
a.) Prepare the cost of goods manufactured schedule for the month of April.
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