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Prepare a Schedule of Cost of Goods Manufactured (In Good

Question 86

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Prepare a Schedule of Cost of Goods Manufactured (in good form) for the Chandler Company from the following information for June 20X8:
Inventries Beginning  Ending Raw Material$6,700$8,900Wotk in Process17,70022,650 Finished Goods 29,73019,990\begin{array}{ll}\underline{\text {Inventries}}&\underline{\text { Beginning }} &\underline{ \text { Ending }} \\\text {Raw Material}&\$6,700 & \$ 8,900 \\\text {Wotk in Process}&17,700& 22,650 \\\text { Finished Goods }&29,730 & 19,990\end{array}

Additional information: purchases of raw material were $46,700; 19,700 direct labor hours were worked at $11.30 per hour; overhead costs were $33,300.

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