ACCT 200 Outline of Last Lecture I Reminders II Exam example III Gross Profit IV Homework 4 12 V Homework 4 15 VI Homework 4 20 VII Homework 4 18 Outline of Current Lecture I Manufacturing Businesses II Chapter 10 Diagram Current Lecture I Manufacturing Businesses a DM direct materials b DL direct labor c FOH factory overhead d Raw Materials Inventory assets e Work in Process Inventory assets f Finished Goods Inventory assets g Cost of Goods Sold the selling of the finished good II Chapter 10 Diagram Direct Materials Direct Labor Applied Factory Overhead These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute asset Work In Process manufacturing costs asset Finished Goods manufactured costs I S Cost of goods sold expense applied factory overhead indirect materials indirect labor other factory overhead
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