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(11 marks) The following alphabetical list of items was taken from the records of Greer Company. Advertising expense $19,200 Depreciation - factory equipment $30,350 Depreciation

(11 marks)The following alphabetical list of items was taken from the records of Greer Company.

Advertising expense

$19,200

Depreciation - factory equipment

$30,350

Depreciation - office equipment

$6,750

Depreciation - sales equipment

$7,100

Direct labour cost (factory)

$533,700

Factory supervision

$95,200

Factory supplies used

$14,900

Factory utilities

$29,000

Finished goods inventory, beginning

$140,500

Finished goods inventory, ending

$99,100

Income tax expense

$110,400

Indirect labour (factory)

$45,250

Maintenance, factory equipment

$23,000

Miscellaneous production costs

$9,600

Office salaries expense

$6,700

Raw materials, beginning

$122,750

Raw materials, ending

$146,350

Purchases of raw materials

$707,000

Rent expense, administration and sales office

$38,100

Rent on factory building

$61,600

Sales

$2,431,350

Sales Salaries

$236,250

Work-in-process inventory, beginning

$21,000

Work-in-process inventory, ending

$13,750

Required:

a.) Using the information provided above, make a schedule of cost of goods manufactured in good form.A TITLE IS NOT NECESSARY.THERE WILL BE A HALF MARK DEDUCTION FOR EACH ITEM THAT YOU PUT IN THIS SCHEDULE THAT SHOULD NOT BE THERE.EACH ITEM NEEDS TO BE PROPERLY LABELLED FOR FULL MARKS(9 marks)

b.) Determine the cost of goods sold for the year.YOU NEED TO PROPERLY LABEL EACH ITEM FOR FULL MARKS.(2 marks)

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