Haggan Manufacturing,Inc Required: Prepare a Schedule of the Cost of Goods Manufactured

question 15

Essay

Haggan Manufacturing,Inc.provided the following information for the year:
$$\begin{array} { |l | r | } \hline \text { Purchases - Direct Materials } & \$ 270,000 \\\hline \text { Plant Utilities and Insurance } & 202,500 \\\hline \text { Indirect Materials } & 35,250 \\\hline \text { Indirect Labor } & 14,250 \\\hline \text { Ending Balance - Work-in-Process Inventory } &42,000\\\hline \text { Ending Balance - Direct Materials } & 45,000 \\\hline \text { Direct Labor } & 352,500 \\\hline \text { Depreciation on Factory Plant and Equipment } &18,000 \\\hline \text { Beginning Balance - Work-in-Process Inventory } & 18,000\\\hline \text { Beginning Balance - Direct Materials } & 63,000\\\hline\end{array}$$ Required: Prepare a schedule of the cost of goods manufactured using the following format:
$$\begin{array} {| l | l | l | l |} \hline { \text { Srhedule of Cast af Gadds Manufartured } } \\\hline \text { Beginning Work-in-Process Inventory } &\quad\quad &\quad\quad &\quad\quad \\\hline \text { Direct Materials Used: } & & & \\\hline \text { Beginning Direct Materials } & & & \\\hline \text { Purchases of Direct Materials } & & & \\\hline \text { Direct Materials Available for Use } & & & \\\hline \text { Ending Direct Materials } & & & \\\hline \text { Direct Materials Used } & & & \\\hline \text { Direct Labor } & & & \\\hline \text { Manufacturing Overhead: } & & & \\\hline \text { Indirect Materials } & & & \\\hline \text { Indirect Labor } & & & \\\hline \text { Depreciation-Plant and Equipment } & & & \\\hline \text { Plant Utilities and Insurance } & & & \\\hline \text { Total Manufacturing Overhead } & & & \\\hline \text { Total Manufacturing Costs Incurred } & & & \\\text { During the Year } & & & \\\hline \text { Total Manufacturing Costs to Account } & & & \\\hline \text { For } & & & \\\hline \text { Ending Work-in-Process Inventory } & & & \\\hline \text { Cost of Goods Manufactured } & & &\\\hline \end{array}$$

Recognize and apply PowerPoint features for text and WordArt enhancements.

Understand how to utilize and manage PowerPoint slide notes.

Comprehend and apply transparency and background features in PowerPoint slides.

Learn about PowerPoint's capabilities in modifying and formatting text and objects.

---

Definitions:

Hybrid Systems

Systems that combine elements from different domains or technologies, such as digital and analog processes or mechanical and electronic components.

Unidirectional Communication

Communication that flows in one direction only, from the sender to the receiver, without an expectation for a response or feedback.

Communications Technology

Tools and platforms that facilitate the exchange of information through electronic means, including the internet, social media, and mobile devices.

Intrusive

Undesirably aggressive or imposing, often interrupting privacy or personal space.