Accounting

profileSandyRicou188

Assignment isdue on 4/16/2016

 

Option #2: Cost of Goods Manufactured Statement

Denny Corporation, a manufacturing company, produces a single product.  The following information has been taken from the company’s production, sales, and cost records for the year just completed:

Production in units

51,000

Direct labor

$120,325

Raw materials purchased

$325,019

Manufacturing overhead

$250,265

Selling and administrative expenses

$422,100

Raw Materials, Beginning

$62,900

Raw Materials, Ending

$45,345

Work in Process, Beginning

$52,984

Work in Process, Ending

$58,777

Instructions

Prepare the cost of goods manufactured statement. Provide your answers in a clearly organized Excel spreadsheet. Check spelling and formatting for readability. All responses must comply with APA , Be sure to review the Module 2 Critical Thinking grading rubric, which may be accessed through the Course Information page.

Your assignment should meet the following requirements

  • 2-3 pages in length, including calculations and title sheet
  • Document your sources
    • 10 years ago
    • 30
    Answer(1)

    Purchase the answer to view it

    blurred-text
    • attachment
      manufacturing_statement.xlsx
    • attachment
      manufacturing_statement.dot