PREPARE THE COST OF GOODS MANUFACTURED STATEMENT

 

 

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. Your assignment should meet the following requirements:

 

  • APA Formatting
  • 2-3 pages in length, including calculations and title sheet
  • Document your sources