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Goods Inventory Beginning cost of good Manafacturer : Work In Process Inventory Beginning Raw Material : Raw Material Inventory, beginning Purchase Discount Return Of Purchase Net Purchase Raw Material available for production Raw Material Inventory, ending Raw Material Used in Production Direct Labor Overhead ; lIght expense xx Insurance Machinery xx Deprec xx Indirect Mate xx Indirect labor xx total overhead Total work in process during period Work In Process Inventory Ending Cost of good manufacture Cost of good sell Finished Goods Inventory Ending Cost Of good sold Gross Profit Operating expense : Mareketing Exp Adm exp total ope ex Net Income
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