Question

eBook Show Me How Calculator Print Item Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $48,000 Direct labor 59,000 Factory overhead 31,000 35,000 36,000 Work in process inventory, April 1 Work in process inventory, April 30 Finished goods Inventory, April 1 Finished goods inventory, April 30 30,000 21,000 a. For April, determine the cost of goods manufactured. < Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company Statement of Cost of Goods Manufactured Total manufacturing costs incurred in April Total manufacturing costs Cost of goods manufactured b. For April, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. Glenville Company Statement of Cost of Goods Sold

Answer 1

35000 Factory Overheed 138000 Part(a) Gelenville company Statement of Cost of Lactured Particulars $ Workin progress April 1 Cost of Distectº Material used in productim 18.000 Dired Labour 59.000 3), co Total manufachaing Corbe in Total Manufacheing cool dog work in proper April 36 Cost of broods Monyfactured Partib) Glenville company Statement of cost of Geod Sold Abril $ $ finished goods Inventy April 1 13 lovo cosity Finished goods available for 167000 1670vo sale finished goods Fryenlevy Apuno of Good Fold 14b0ro 138 ovo 17300 (36,000) 37000 30,ovo C2ICO

Note 830 Cost - des - closing opening finished goods + Cool Goods Manufache opening wip + Direct Expenses ( Hinvhed goodhe @ Cost wip of goods sold = Cool of of broods Please give positive rating, if my answer was helpted a