Prepare the Schedule of Cost of Goods Manufactured.  b. Calculate Cost of Goods Sold for April 2009.

Prepare the Schedule of Cost of Goods Manufactured. b. Calculate Cost of Goods Sold for April 2009.

Lang products had the following beginning and ending inventory balances for April 2009.

4/1/09 4/30/09

Raw Material Inventory $18,000 $20,800

Work in Process Inventory 85,200 50,800

Finished Goods Inventory 43,200 14,700

All raw materials are considered direct to the manufacturing process. During April, the company purchased $260,000 of raw materials. Direct labor cost for the month was $342,000; workers are paid $9.50 per hour. Overhead is applied at the rate of $12.50 for each direct labor hour.

a. Prepare the Schedule of Cost of Goods Manufactured.

b. Calculate Cost of Goods Sold for April 2009.


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