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2A Schedule of Cost of Goods Manufactured Kelowna Plumbing Supplies shows the following data related to its December 31, 2017 fiscal year: Raw materials inventory,

2A Schedule of Cost of Goods Manufactured

Kelowna Plumbing Supplies shows the following data related to its December 31, 2017 fiscal year:

Raw materials inventory, January 1, 2017

$5,000

Raw materials inventory, December 31, 2017

8,000

Work in process inventory, January 1, 2017

23,000

Work in process inventory, December 31, 2017

21,000

Finished goods inventory, January 1, 2017

16,000

Finished goods inventory, December 31, 2017

10,000

Advertising

56,000

Factory supervisor's salary

42,000

Company president's salary

85,000

Property taxes factory

25,000

Depreciation factory

35,000

Factory maintenance

7,000

Sales commissions

32,000

Depreciation office

2,000

Utilities expense - factory

23,000

Utilities expense - office

11000

Purchases of raw materials

148,000

Direct labour

160,000

Required:

Based on the information above, prepare a schedule of cost of goods manufactured.

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