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The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied...

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Accounting

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The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. $123,800 119,100 77,000 Aprili Inventory balances Raw materials Work in process Finished goods April 30 Inventory balances raw materials Work in process Finished goods During April Costs of raw materials purchased Costs of direct labor Costs of manufacturing overhead Sales revenues $ 85,600 145,900 82,000 $118,300 101,700 61.400 350,000 Required a. Prepare a schedule of cost of goods manufactured and sold b. Calculate the amount of gross margin on the income statement Prepare a schedule of cost of goods manufactured and sold. FLAXMAN MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and Sold For April Raw materials available for use 0 Direct raw materials used Total manufacturing costs 0 Total work in process inventory 0 Cost of goods manufactured Cost of goods available for sale 0 Cost of goods sold

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