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Chapter 2
Problem 2-43 (35 minutes)

|1. |San Fernando Fashions Company |
| |Schedule of Cost of Goods Manufactured |
| |For the Year Ended December 31, 20x2 |
| | |
| | |
| | | | |
| |Direct material: | | |
| | Raw-material inventory, January 1 |$ 40,000 | |
| | Add: Purchases of raw material | 180,000 | |
| | Raw material available for use |$220,000 | |
| | Deduct: Raw-material inventory, December 31 | 25,000 | |
| | Raw material used | |$195,000 |
| |Direct labor | |200,000 |
| |Manufacturing overhead:
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