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
$60,000
Additional Information
Raw material purchases
$63,000
Direct labor costs
$92,000
Manufacturing overhead cost incurred
$75,000
Indirect materials included in manufacturing overhead costs incurred
$6,000
Manufacturing overhead cost applied to work in process
$69,000
Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.
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