Use the information provided below to prepare the Cost of Good Manufactured Schedule:Bravo had the following costs as of Dec 31, 2010. Enter the correct values in the Green shaded cells.

Table C

Materials used in baking bread ?

Factory Supervisor Salaries 20,000

Bakers wages $32,000

Rent for Executive Offices 36,000

Sales Commissions 10000

Utilities used in the factory 5000

Advertising costs 12000

Delivery truck costs 25000

Depreciation on bake ovens 500

Interest on bank loan 250

Beginning Inventory Materials 10,000

Beginning Work in Process 8000

Ending Inventory Materials 4000

Inventory Purchases 26000

Ending Work in Process 2500

Other Overhead costs 1200

Beginning Finished Goods Inventory 7500

Ending Finished Goods Inventory 6000

Rent for Factory 7500

Cost of Goods Manufactured Schedule

Beginning Work In Process ?

Materials ?

Beginning Inventory Materials ?

Plus: Purchases ?

Materials Available ?

Less: Ending Inventory Materials ?

Materials Used ?

Direct Labor ?


Factory Rent ?

Depreciation on bake ovens ?

Utilities used in Factory ?

Other Overhead costs ?

Total Overhead ?

Total Manufacturing Costs ?

Total Work in Process ?

Less: Ending Work in Process ?

Cost of Goods Manufactured ?

Goods Available for Sale ?

Less: Ending Finished Goods Inventory ?

Cost of Goods Sold Schedule ?