AC 330 Unit 1 Assignment Textbook Exercises AC 330 Unit 1 Assignment Textbook Exercises | Page 4

(a) Prepare the cost of goods manufactured schedule for the month
ended June 30, 2014.
E1-11B
(a) Determine the cost of the head lamps that would appear in each of
the following accounts at September 30, 2014. Raw Materials, Work in
Process, Finished Goods, Cost of Goods Sold and Selling Expenses.
Note: purchase of 5,200 head lamps at a cost of $8 per lamp. The
company withdrew 4,650 lamps during the month. Now 100 of the
lamps were used to replace the head lamps. The remaining 4,550 lamps
were put in autos manufactures during the month. 90% were
completed and transferred and then 75% were sold 09/30.