Hunsicker Corporation has provided the following data for the month of January:
|
Inventories |
Beginning |
Ending |
|
Raw materials |
$30,000 |
$33,000 |
|
Work In process |
$20,000 |
$18,000 |
|
Finished goods |
$52,000 |
$60,000 |
|
Additional Information |
|
|
Raw material purchases |
$63,000 |
|
Direct labor costs |
$92,000 |
|
Manufacturing overhead cost incurred |
$75,000 |
|
Indirect materials included in manufacturing overhead costs incurred |
$6,000 |
|
Manufacturing overhead cost applied to work in process |
$69,000 |
Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.