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Gooly, Inc. manufactures calculators. During June, Gooly's transactions and accounts included the following: Work in process inventory, beginning....
Gooly, Inc. manufactures calculators. During June, Gooly's transactions and accounts included the following:
Work in process inventory, beginning. $8,800
Work in process inventory, ending........ 7,500
Indirect materials issued to production from raw materials 3,600
Raw materials inventory, beginning..... 4,600
Raw materials inventory, ending............ 5,800
Sales........................................................................... 42,000
Direct labour cost.............................................. 55,000
Manufacturing overhead.............................. 49,600
Raw materials purchased............................. 143,500
Finished goods inventory, beginning.... 12,300
Finished goods inventory, ending........... 11,600
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