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What would statement of cost of goods manufactured

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Reference no: EM132472206

Question 1: What would my Statement of Cost of Goods Manufactured look like with the following information:

Beginning Inventories

Direct Materials: 64 000

Work In Progress: 68 000

Finished Goods: 30 000

Gross Profit: 20%

Prime Costs: 70% of Manufacturing Costs

Factory Overhead: 40% of conversion costs

Ending work in progress is 10% of monthly manufacturing costs

Actual Operations for the month:

Sales: 1 800 000

Direct Material Purchases: 640 000

Direct Labour Costs: 720 000

Reference no: EM132472206

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