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BRIEF EXERCISE 2-6 Prepare Schedules of Cost of Goods Manufactured and Cost of Goods Sold...

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BRIEF EXERCISE 2-6 Prepare Schedules of Cost of Goods Manufactured and Cost of Goods Sold (LO6) Parmitan Corporation has provided the following data concemning last month'smanufacturing openation Purchases of raw materials Direct labor erials incluced in $8,000 . ........$41,000 $8,000 Manufacturing overhead applied to work in process Underapplied overhead . . . . Beginning Ending Inventories $24,000 $6,000 $38,000 Raw materials . Work in process Finished goods . $86,000 $93.000 Required I. Prepare a Schedule of Cost of Goods Manufactured. 2. Prepare a Schedule of Cost of Goods Sold. Accounts (L07) had n

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