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Statement of Cost of Goods Manufactured and Income Statement Information from the records of the...

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Accounting

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Statement of Cost of Goods Manufactured and Income Statement Information from the records of the Bridgeview Manufacturing Company for August 2017 follows: Sales Selling and administrative expenses Purchases of raw materials Direct labor Manufacturing overhead $317,000 127,500 47,000 30,000 57,500 Inventories August 1 August 31 Raw materials $10,000 ,0 Work-in-process Finished goods 15,000 21,000 Required Prepare a statement of cost of goods manufactured and an income statement for August 2017. Do not use negative signs with any of your answers below 16,000 11,000 Bridgeview Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ending August 31, 2017 Current manufacturing costs: Cost of materials placed in production: Raw materials, 8/1/17 Purchases Total available Raw materials, 8/31/17 Direct labor Manufacturing overhead Work-in-process, 8/1/17 Total costs in process Work-in-process, 8/31/17 Cost of goods manufactured

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