Direct Materials Used $ 12,000 Manufacturing Overhead Work-in-Process Inventory: Beginning Balance Ending Balance Direct Labor Finished Goods Inventory: 21,000 1,000 5,000 9,000 Beginning Balance 18,000 Ending Balance 4,000

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Computing cost of goods manufactured

Use the following inventory data for Caddy Golf Company to compute the cost of goods manufactured for the year

Direct Materials Used
$ 12,000
Manufacturing Overhead
Work-in-Process Inventory:
Beginning Balance
Ending Balance
Direct Labor
Finished Goods Inventory:
21,000
1,000
5,000
9,000
Beginning Balance
18,000
Ending Balance
4,000
Transcribed Image Text:Direct Materials Used $ 12,000 Manufacturing Overhead Work-in-Process Inventory: Beginning Balance Ending Balance Direct Labor Finished Goods Inventory: 21,000 1,000 5,000 9,000 Beginning Balance 18,000 Ending Balance 4,000
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