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    Morrey Company

    Uploaded by

    Ralph Lauren Matias
    The document is a cost of goods manufactured statement for a company that shows raw materials used, direct labor costs, manufacturing overhead costs, work in process amounts, and the total cost of goods manufactured for the year.

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    © All Rights Reserved
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    Morrey Company

    Uploaded by

    Ralph Lauren Matias
    9 views1 page
    The document is a cost of goods manufactured statement for a company that shows raw materials used, direct labor costs, manufacturing overhead costs, work in process amounts, and the total cost of goods manufactured for the year.

    Copyright

    © © All Rights Reserved

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    The document is a cost of goods manufactured statement for a company that shows raw materials used, direct labor costs, manufacturing overhead costs, work in process amounts, and the total cost of goods manufactured for the year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    9 views1 page

    Morrey Company

    Uploaded by

    Ralph Lauren Matias
    The document is a cost of goods manufactured statement for a company that shows raw materials used, direct labor costs, manufacturing overhead costs, work in process amounts, and the total cost of goods manufactured for the year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Morrey Company

    Cost of goods manufactured Statement


    For the year end 31 December 20xx

    Raw materials beginning 10,000


    ADD: Purchases of raw materials 150,000
    Net raw materials available for use 160,000
    LESS: Raw materials Ending -20,000
    Raw (direct) Materials used   140,000
    Direct labor 200,000
    Manufacturing overhead 60,000
    100,000
    40,000
    10,000
    15,000 225,000
    Total Manufacturing cost   565,000
    ADD: Work in process Beginning 25,000
    Cost of good to be manufactured   590000
    LESS: Work in process Ending -5,000
    Cost of goods Manufactured   585000

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