=+EX 18-14 Income statement for a manufacturing company obj. 3 d. $160,000 Cost data for F.
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=+EX 18-14 Income statement for a manufacturing company obj. 3
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d. $160,000 Cost data for F. Mills Manufacturing Company for the month ending April 30, 2010, are as follows:
Inventories April 1 April 30 Materials $175,000 $154,000 Work in process 119,000 133,000 Finished goods 91,000 105,000 Direct labor $315,000 Materials purchased during April 336,000 Factory overhead incurred during April:
Indirect labor 33,600 Machinery depreciation 20,000 Heat, light, and power 7,000 Supplies 5,600 Property taxes 4,900 Miscellaneous cost 9,100
a. Prepare a cost of goods manufactured statement for April 2010.
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