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1 Required: 1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect 2. Prepare a schedule

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1 Required: 1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2020. Assume the following manufacturing costs: Direct materials: $2,600 Factory overhead: 5470 Direct labor: $1,000 Beginning work in process: none (December 31, 2019) Ending work in process: $520 (January 31, 2020) Beginning finished goods inventory. none (December 31, 2019) Ending finished goods inventory: $340 (January 31, 2020) 3. Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2020, 10 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Classify the following manufacturing costs of Business Solutions as (6) variable or fixed and (b) direct or indirect. Product Costs Cost by Cost by Behavior Traceability 1. Monthly flat fee to clean workshop 2 Laminate coverings for desktops 3. Taces on assembly workshop 4. Glue to assemble workstation component parts 5. Wages of desk assembler 6. Electricity for workshop 17. Depreciation on manufacturing tools Required 1 Required 2 Required 3 1 Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2020. Assume the following manufacturing costs: Direct materials: $2,600 Factory overhead: $470 Direct labor: $1,000 Beginning work in process: none (December 31, 2019) Ending work in process: $520 (January 31, 2020) Beginning finished goods inventory: none (December 31, 2019) Ending finished goods inventory: $340 (January 31, 2020) Show less BUSINESS SOLUTIONS Schedule of Cost of Goods Manufactured For Month Ended January 31, 2020 Total manufacturing costs 0 Total cost of goods in process 0 Cost of goods manufactured $ ter 14 Quiz Saved Help S: 3. Prepare the cost of goods sold section or a partial income statement for Business Solutions for the month enaca January 31, 202 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2020 BUSINESS SOLUTIONS Partial Income Statement For Month Ended January 31, 2020 Cost of goods sold Goods available for sale Cost of goods sold $ 0

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