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Accounting

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Homework: Chapter 16 Homework Part II Score: 0 of 23 pts 6 of 8 (0 complete) E16-21 (similar to) Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: (Click the icon to view account balances.) (Click the icon to view other information.) First, compute cost of goods manufactured. Schedule of Cost of Goods Manufactured Direct Materials Used: Direct Materials Used Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured Choose from any list or enter any number in the input fields and then click Check Answer. Data Table - 1 Balances: Beginning Ending 23,000 $ 31,000 Direct Materials $ Work-in-Process Inventory 43,000 29,000 Finished Goods Inventory 15,000 29,000 Print Done 1 Data Table 1 X Other information: Purchases of direct materials $ 71,000 Direct labor 82,000 Manufacturing overhead 42,000 Print Done

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