Cost of gods sold, Cost of goods manufactured Ebony Company has the following information for July: Cost of direct materials used in production 67200 Direct labor 88000 Factory ovehead 44800 Work in p
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Cost of gods sold, Cost of goods manufactured
Ebony Company has the following information for July:
Cost of direct materials used in production
67200
Direct labor
88000
Factory ovehead
44800
Work in process inventory, July 1
32800
Work in process inventory, July 31
29600
Finished goods inventory, July 1
37600
Finished goods inventory, July 31
27200
a.
For July, determine the cost of goods manufactured.
Using the data given, prepared a statement of cost of goods Manufactured.
b.
For July, determine the cost of goods sold.
Using the data given, prepare a statement of cost of goods sold.
Cost of gods sold, Cost of goods manufactured Ebony Company has the following information for July: Cost of direct materials used in production 67200 Direct labor 88000 Factory ovehead 44800 Work in p
Cost of gods sold, Cost of goods manufactured Ebony Company has the following information for July: Cost of direct materials used in production 67200 Direct labor 88000 Factory ovehead 44800 Work in process inventory, July 1 32800 Work in process inventory, July 31 29600 Finished goods inventory, July 1 37600 Finished goods inventory, July 31 27200 For July, determine the cost of goods manufactured. Using the data given, prepared a statement of cost of goods Manufactured. For July, determine the cost of goods sold. Using the data given, prepare a statement of cost of goods sold.

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