Required 1 Direct Labor Cost

Direct Labor Hours

Manufacturing Overhead
Direct Labor hours

Required 2

Direct Labor

Required 1 Beginning Work in process inventory

Direct Materials:
Beginning Raw Materials Inventory
Add: Purchases of Raw Materials
Total Raw Materials Available
Less: Indirect Materials Inventory
Raw Materials Used in Production
Less: Indirect materials used in production
Direct materials used in production
Direct labor
Manufacturing overhead

Total manufacturing costs added in production

Total manufacturing costs to account for
Less: ending work in process inventory
Cost of goods manufactured

Required 2 Beginning finished goods inventory

Add: cost of goods manufactured
Cost of goods available for sale
Less: Ending finished foods inventory
Unadjusted cost of goods sold
Add: Underapplied overhead
Adjusted cost of goods sold
Required 1 Actual Manufacturing overhead costs incurred for the year
Overhead cost applied to work in process for the year
Cost of goods manufactured for the year
cost of goods sold for the year

Required 2 Costs of goods sold

Manufacturing overhead

Required 3 Work in process

finished goods
cost of goods sold
Manufacturing overhead

Required 1 Raw material

accounts payable

work in process
manufacturing overhead
raw material

work in process
manufacturing overhead
wages and salaries payable

manufacturing overhead
accumulated deprciation

manufacturing overhead
accounts payable

work in process
manufacturing overhead

Manufacturing overhead
Required 2 B
C
D
E
Work in process
B
C
F
Required 3 Finished goods
work in process

Required 3 Portion of job included in cost of goods sold

 345000
15
23000

184000
23000
8

54500
15
817500

54500
8
436000

1533500
817500
436000
280000

56000

12000
30000
42000
-18000
24000
5000
19000
58000
87000

164000
220000
-65000
155000

35000
155000
190000
42000
1480000
4000
152000
 70000
70000

3500
10500
56000
70000

325000
325000

232000
58000
290000

60000
120000
180000

75000
75000

62000
62000

300000
300000

Debit Credit
58000 F 300000
120000
75000
62000

58000
60000
300000
592000
592000

370000