The following information applies to the questions displayed below

Subject:AccountingPrice:3.87 Bought7

Share With

The following information applies to the questions displayed below.

Assume the raw materials inventory account is used only for direct materials. Note: Assume all raw materials were used as direct materials.

Beginning of Year End of Year
Inventories
Raw materials inventory $ 7,800 $ 11,100
Work in process inventory 15,600 10,800
Finished goods inventory 12,100 7,300

Activity during current year
Raw materials purchased $ 127,100
Direct labor 95,800
Factory overhead 44,400
QS 1-17 (Algo) Schedule of cost of goods manufactured LO P2
Factory overhead of $44,400 consists of Indirect labor of $21,800, Depreciation expense—Factory of $16,800, and Factory utilities of $5,800.

a. Compute total manufacturing costs.
b. Prepare a schedule of cost of goods manufactured.