E-27-2A_ Tomas Company_ schedule of cost of goods manufactured

IRAC Explanation
July 3, 2020
Construct models of the structure and function of amino acids and peptide bonds, predict ionization of an amino acid, and demonstrate peptide bond bre
July 3, 2020

E-27-2A_ Tomas Company_ schedule of cost of goods manufactured

E-27-2A : Cost of gods manufactured

Schedule of cost of goods manufactured. Prepare a schedule of cost of goods manufactured for Tomas Company for the year ended June 30, 20-2. Information to prepare the schedule is as follows:

Work in process, July 1, 20-1 $6,400

Materials inventory, July 1, 20-1 4,875

Materials purchases 68,950

Direct labor 140,300

Actual factory overhead 85,225

Work in process, June 30, 20-2 7,700

Materials inventory, June 30, 20-2 6,950

Indirect materials charged to production 3,600