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Prepare cost of goods manufactured Statement Manufacturing overhead costs incurred:...

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Accounting

Prepare cost of goods manufactured Statement

Manufacturing overhead costs incurred:
Indirect materials $ 16,200
Indirect labor 142,000
Property taxes, factory 9,200
Utilities, factory 82,000
Depreciation, factory 169,900
Insurance, factory 11,200
Total actual manufacturing overhead costs incurred $ 430,500
Other costs incurred:
Purchases of raw materials (both direct and indirect) $ 412,000
Direct labor cost $ 72,000
Inventories:
Raw materials, beginning $ 21,200
Raw materials, ending $ 31,200
Work in process, beginning $ 41,200
Work in process, ending $ 71,200

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