WileyPLUS ttps://edugen.wileyplus.com/edugen/student/mainfr.uni Kimmel, Accounti

ID: 2508740 • Letter: W

Question

WileyPLUS ttps://edugen.wileyplus.com/edugen/student/mainfr.uni Kimmel, Accounting, 6e Assignment Gradebook ORION Downloadable eTextbook ctice ment Do it! Review 14-3 The following information is available for Tomlin Company. April 1 April 30 $10,900 $13,800 4,870 3,190 Raw materials inventory Work in process inventory Materials purchased in April Direct labor in April Manufacturing overhead in April $98,500 79,700 155,000 Prepare the cost of goods manufactured schedule for the month of April. TOMLIN COMPANY Cost of Goods Manufactured Schedule cyPolicy I ? 2000 2018Johnyilee&Sons; lnc. All Rights Reserved. A Division of JohnyíleASons.Inc.

Explanation / Answer

Solution:

TOMLIN COMPANY

Cost of Goods Manufactured Schedule

For the Month of April

Work in Process Inventory beginning

$4,870

Manufacturing Cost

Direct material used in production (beg 10900 + Purchase 98,500 - Ending 13,800)

95600

Direct labor

97700

Manufacturing Overhead

155000

Total Manufacturing Cost

$348,300

Less: Ending Work In Process Inventory

($3,190)

Cost of Goods Manufactured

$349,980

Note --- In case wording is not matching with the options what given in the question, please provide me the options appearing in the hidden tab, so that I will provide you the correct wording.

Hope the above calculations, working and explanations are clear to you and help you in understanding the concept of question.... please rate my answer...in case any doubt, post a comment and I will try to resolve the doubt ASAP…thank you