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Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $ 60,000 Direct labor 74,000 Factory overhead 24,000 Work in process inventory, April 1 49,000 Work in process inventory, April 30 43,000 24,000 Finished goods inventory, April 1 Finished goods inventory, April 30 14,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company Statement of Cost of Goods Manufactured Work in process inventory, April 1 Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in April Glenville Company Statement of Cost of Goods Manufactured Work in process inventory, April 1 Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in April Total manufacturing costs Work in process inventory, April 30 Cost of goods manufactured Feedback b. For April, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. Glenville Company Statement of Cost of Goods Sold Finished goods inventory, April 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, April 30 Do Cost of goods sold

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