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3 December, 17:32

Prepare the 2017 schedule of cost of goods manufactured for Barton Company using the following information. Direct materials$230,000 Direct labor 69,500 Factory overhead costs 28,000 Work in process, Dec. 31, 2016 169,600 Work in process, Dec. 31, 2017 149,500

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  1. 3 December, 19:23
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    The schedule of cost of goods manufactured for Barton Company for the year 2017 is presented below

    Barton Company

    Schedule of cost of goods manufactured

    For the Year 2017

    Beginning work-in-process inventory $169,600

    Manufacturing costs:

    Direct material cost $230,000

    Direct labor cost $69,500

    Factory overhead cost $28,000

    Total costs of work-in-process $327,500

    Less: Ending work-in-process - $149,500

    Cost of goods manufactured $347,600
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