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kondaur [170]
3 years ago
6

The following information is available for Sunland Company.

Business
1 answer:
dmitriy555 [2]3 years ago
6 0

Answer:

                                     Sunland Company

                        Cost of goods manufactured Schedule

                                           For the year ended

Work in progress                                                      15,470

Direct Materials

Raw material                                       22,250

Add: Raw material purchased           <u>154,500</u>

Total raw material available for use  176,750

Less: Raw material inventory             <u>32,850</u>

Direct material used                                               143,890

Direct labor                                                             225,290

Manufacturing overhead                                        <u>183,120</u>

Total manufacturing costs                                                        <u>552,300</u>

Total cost of work in progress                                                  567,770

Less: Work in process inventory                                                <u>18,560</u>

Cost of goods manufactured                                                    <u>549,210</u>

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