Cost of Goods Sold, Cost of Goods Manufactured
Glenville Company has the following information for April:
Cost of direct materials used in production: $280,000
Direct labor: $324,000
Factory overhead: $188,900
Work in process inventory, April 1: $72,300
Work in process inventory, April 30: $76,800
Finished goods inventory, April 1: $39,600
Finished goods inventory, April 30: $41,200
a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured.
Glenville Company Statement of Cost of Goods Manufactured