Hunsicker Corporation has provided the following data for the month of January.
Inventories Beginning Ending
Raw Materials $30,000 $33,000
Work in Process $20,000 $18,000
Finished goods $52,000 $50,000
Additional Information
Raw Material purchases $63,000
Direct labor costs $92,000
Manufacturing overhead cost incurred $75,000
Indirect materials included in manufacturing
over head costs incurred $6,000
Manufacturing overhead cost applied to work in process $72,000
Prepare a schedule of cost of goods manufactured and a schedule of cost of goods sold in good form