Reference no: EM132481144
Question 1: Create a statement for cost of goods manufactured
Question 2: Create a statement for cost of goods sold
Question 3: Prepare a statement for cost of goods sold
Question 4: Prepare a statement for cost of goods manufactured
Gross Profit is 40% of Sales
Beginning Finished Goods: 51,375,200
Beginning Materials: 5856,000
Beginning Work In Process: $725,000
Direct Labor: $836,700
Ending Finished Goods: 51,145,670
Ending Material: 5871,350
Ending Work In Process: $697,300
Manufactured Overhead: 52,579,220
Purchased Material:
Sales: 510,025,0001
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