|
Cost of Goods ManufacturedSchedule |
|
Jun-05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Work in Process 6/1/05 |
|
$3,0000.00 |
|
|
|
|
|
| Direct Material |
|
$20,000.00 |
|
|
|
|
|
| Direct Labor |
|
$25,000.00 |
|
|
|
|
|
| Manufacturing Overhead |
|
|
|
| Indirect factory labor |
$4,500.00 |
|
|
| Factory Utilities |
$400.00 |
|
|
| Depreciation |
$1,400.00 |
|
|
| Indirect materials |
$2,200.00 |
|
|
| Maintenance |
$1,800.00 |
|
|
| Factory Manager's salary |
$3,000.00 |
|
|
| Total Manufacturing Overhead |
|
$13,300.00 |
|
| Total Manufacturing Costs |
|
|
$58,300.00 |
|
|
|
|
| Total Costs of Work in Progress |
|
|
$61,300.00 |
|
|
|
|
| Less: Work in Progress 06/30/05 |
|
|
$3,800.00 |
|
|
|
|
| Cost of Goods Manufactured |
|
|
$57,500.00 |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Sales |
$97,100.00 |
|
|
|
|
|
|
| Cost of Goods Sold |
|
|
|
| Finished Goods Inv 6/01/05 |
$5,000.00 |
|
|
| Cost of Goods Manufactured |
$57,500.00 |
|
|
| Cost of Goods avail for sale |
$62,500.00 |
|
|
| Finished Goods inv 6/30/05 |
$7,500.00 |
|
|
| Cost of Goods Sold |
$55,000.00 |
|
|
|
|
|
|
| Gross profit |
$42,100.00 |
|
|
|
Last modified at 4/5/2008 5:43 PM by scott phillips
|
|