Accounting Chapter 16 Homework Company Statement Cost Goods Manufactured For The

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subject Authors Carl S. Warren, James M. Reeve, Jonathan Duchac

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An asterisk (*) will appear to the right of an incorrect entry.
a.
Work in process inventory, May 1, 2014
Direct materials:
Cost of direct materials used in production
Direct labor
Factory overhead:
Total factory overhead
Total manufacturing costs incurred during May
Total manufacturing costs
Less:
Cost of goods manufactured
b.
Cost of goods sold for May 2014:
Cost of finished goods available for sale
Cost of goods sold
Exercise 16(1)-15
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Section:
0%
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An asterisk (*) will appear to the right of an incorrect entry.
a.
Work in process inventory, May 1, 2014 142,800$
Direct materials:
b.
Cost of goods sold for May 2014:
Exercise 16(1)-15
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Solution
Section:
ON
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For the Month Ended May 31, 2014
TIWANA MANUFACTURING COMPANY
Statement of Cost of Goods Manufactured

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