Raw Materials - Beginning 30,000

Purchases 52,000
Raw Materials available for Use 82,000
Raw Materials - Ending (27,000)
Raw Materials Used 55,000
Direct Labor 55,000
Indirect Material (12,000)
Manufacturing Overhead -Applied 45,000
Total Manufacturing Cost 143,000
Work in Process - Beginning 54,000
Work in Process - Ending (42,000)
Cost of Goods Manufactured 155,000
Finished Goods - Beginning 45,000
Total Goods Available for Sale 200,000
Finished Goods - Ending (48,000)
Cost of Goods Sold 152,000

Over or Underapplied Overhea (8,400)

Given: Solution:
Inventory Beginning Ending Raw Material Inventory
Raw Materials 30,000 27,000 30,000
Work in Process 54,000 42,000 52,000
Finished Goods 45,000 48,000

Direct Labor 55,000

Indirect Material 12,000
Indirect Labor 21,000 27,000
Other Manufacturing Overhead 3,600
Estimated (Applied) Manufacturing Overhead 45,000
Raw Materials Purchases 52,000 Finished Goods Inventory
45,000
155,000
Answer:
Total Manufacturing Cost 143,000
Cost of Goods Manufactured 155,000
Cost of Goods Sold 152,000
Over or Underapplied Overhead (8,400) 48,000
Raw Material Inventory Work In Progress Inventory
55,000 54,000 155,000
43,000 DM Used: 43,000
55,000 IM Used: 12,000
45,000

42,000

nished Goods Inventory Manufacturing Overhead Control Account

152,000 12,000 45,000

21,000
3,600

(8,400)
CGS 152,000
143,600