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Using the Information Below,prepare a Schedule of Cost of Goods

Question 76

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Using the information below,prepare a Schedule of Cost of Goods Manufactured (in good form)for the Gleason Company for June 20y0:


Begining  Ending
Raw material inventory   $6,700     $8,900
Work in process inventory  17,700      22,650
Finished goods inventory29,730    19,900

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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