Answer:
A. $164,200
B. $56,700
Explanation:
KUHLMANN MANUFACTURING COMPANY Cost of Goods Manufactured For the months ended 31st May 2019
May 1
Work in process,$ 14,700
Direct materials used $77,400
Direct labor 50,000
Manufacturing overhead applied 45,000
May 31 Less: Work in process 22,900
Cost of goods manufactured $164,200
Therefore the cost of goods manufactured is $164,200
B.
KUHLMANN MANUFACTURING COMPANY
Cost of Goods Manufactured Schedule For the months ended 31st May 2019
Sales 225,000
May1 finished goods 12,600
Cost of goods manufactured 164,200
Cost of goods available for sales 176,800
May 31 finished goods 8,600
Less: Cost of goods sold 168,300
Gross profit 56,700
Therefore the gross profit is $56,700
