Showing posts with label Income Statement. Show all posts
Showing posts with label Income Statement. Show all posts

DAIBB, MA, Cost of Goods Manufactured/SOLD Schedule and Income Statement



Cost of Goods Manufactured/SOLD Schedule

 

XYZ COMPANY

Statement of Cost of Goods Manufactured

for the year ended

Detail

Tk

Tk

           Beginning raw materials inventory

add    Cost of raw materials purchased

less    Ending  raw material inventory balance

= Raw materials used

 add   Direct labor cost

add   Manufacturing overhead

     = Total manufacturing cost

 add   opening work-in-process inventory

less   ending work-in-process inventory

      = Cost of goods manufactured

 

 

 

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