Accounting Statement of Cost of Goods Manufactured and Sold
STATEMENT OF COGM SOLD
#4 WALKER COMPANY
Rm beg. 34,000.00
Add: Purchases 182,000.00
Rm available for use 216,000.00
Less: Raw Materials End 48,000.00
Raw materials used 168,000.00
Direct Labor 80,000.00
Factory Overhead 70,000.00 22%
Total Manufacturing Costs 318,000.00
Add: Work in Process beg. 24,000.00
Total Costs of goods in process 342,000.00
Less: Work in Process end. 28,000.00
Total Costs of goods
manufactured 314,000.00
Add: Finished goods inv. Beg. 56,000.00
Total Cost of Goods available for
sale 370,000.00
Less: Finished goods end 90,000.00
Total cost of goods sold 280,000.00
Comprehensive, Angola Company #4
Rm beg.
STATEMENT OF COGM SOLD
#4 WALKER COMPANY
Rm beg. 34,000.00
Add: Purchases 182,000.00
Rm available for use 216,000.00
Less: Raw Materials End 48,000.00
Raw materials used 168,000.00
Direct Labor 80,000.00
Factory Overhead 70,000.00 22%
Total Manufacturing Costs 318,000.00
Add: Work in Process beg. 24,000.00
Total Costs of goods in process 342,000.00
Less: Work in Process end. 28,000.00
Total Costs of goods
manufactured 314,000.00
Add: Finished goods inv. Beg. 56,000.00
Total Cost of Goods available for
sale 370,000.00
Less: Finished goods end 90,000.00
Total cost of goods sold 280,000.00
Comprehensive, Angola Company #4
Rm beg.
