AC 330 Unit 1 Assignment Textbook Exercises AC 330 Unit 1 Assignment Textbook Exercises | Page 2

Work in process inventory was 17,500 at 1/1 and 14,000 at 12/31.
Finished goods inventory was 60,500 at 1/1 and 42,000 at 12/31.
(a) Compute cost of goods manufactured.
(b) Compute cost of goods sold.
E1-4B
Instructions
Complete the cost of goods manufactured schedule for Juan
Manufacturing Company.
E1-5B
Instructions
Complete the cost of goods manufactured schedule for Juan
Manufacturing Company.
E1-6B
Instructions
(a) Indicate the missing amount for each letter.
(b) Prepare a condensed cost of goods manufactured schedule for
situation (1) for the
Year ended December 31, 2014.
E1-7B
Instructions
(a) Prepare a cost of goods manufactured schedule for June 2014.