Use the included information about Raw Materials Inventory (RM), Work in Process Invent (WIP), Finished Goods Inventory (FG), and the Income Summary (IS). Determine the total conversion costs added. 1 1 2 3 4 5 6 7 8 9 FG 10 B Bal 11 T1 12 T2 13 T3 14 T4 15 E Bal RM B Bal T1 T2 T3 T4 E Bal 2 Debits 4300 29 050 Debits 4800 45 592 3 Credits 28 000 Credits 33 500 4 5 WIP B Bal DM DL FOH CGM E Bal IS Rev CGS V Op Exp F Op Exp NIBT 6 Debits 8920 28 000 17430 11 130 Debits 33 500 5130 7960 7 Credits 45 592 Credits 66 200

Trying to figure out how to calculate manufacturer compute cost of goods manufactured and cost of goods​sold

Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor $ 30,000 $4,930 $ 60,000 $7,500 $ 4,130 Manufacturing overhead applied to work in process Underapplied overhead Rav materials Work in process Finished goods Beginning $ 11,900 $ 54,100 $34,900 Required: 1 Prepare a schedule of cost of goods manufactured. 2. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Direct materials Required 1 Required 2 Prepare a schedule of cost of goods manufactured. Inding $19,500 $ 67,000 $ 43,200 Total raw materials available Pamare Corporation Schedule of Cost of Goods Manufactured Raw materials used in production Direct materials used in production

In the cost reconciliation report under the weighted-average method, the "Costs to be accounted for" section contains which of the following items?   Question 27 options:   Cost of ending work in process inventory   Cost of units transferred out   Cost of ending finished goods inventory   Cost of beginning work in process inventory     Previous PageNext Page