Sterling Company manufactures laundry detergent. At the beginning of February, the following information was supplied by its accountant

| April 14, 2018

Sterling Company manufactures laundry detergent. At the beginning of February, the following information was supplied by its accountant:Raw materials inventory $73,000 Work-in-process inventory 80,400 Finished goods inventory 62,000During February, direct labor cost was $210,400, raw materials’ purchases were$301,800, and the total overhead cost was $478,590. The inventories at the end of February wereRaw materials inventory$ 56,000Work-in-process inventory103,000Finished goods inventory95,240Required1. Prepare a statement of cost of goods manufactured for February.2. Prepare a statement of cost of goods sold for February.

Order your essay today and save 30% with the discount code: ESSAYHELP
Order your essay today and save 30% with the discount code: ESSAYHELPOrder Now