Hunsicker Corporation_COGM_COGS

TCO F) Hunsicker Corporation has provided the following data for the month of January:

Inventories                    Beginning         Ending

            Raw materials                $30,000             $33,000

            Work In process            $20,000             $18,000

            Finished goods             $52,000             $60,000

Additional Information  

            Raw material purchases $63,000

            Direct labor costs          $92,000

            Manufacturing overhead cost incurred    $75,000

            Indirect materials included in manufacturing overhead costs incurred       $6,000

            Manufacturing overhead cost applied to work in process            $69,000

 

Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.