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4.6 (LO 3) Cost of goods manufactured schedule Rocket Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Rockets CFO, has presented you with

4.6 (LO 3) Cost of goods manufactured schedule Rocket Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Rockets CFO, has presented you with the following cost information:

Direct Materials Inventory, beginning $64,000

Direct Materials Inventory, ending $47,000

Work in Process Inventory, beginning $28,000

Work in Process Inventory, ending $23,000

Direct labor $156,000

Direct materials purchases $220,000

Insurance, factory $43,000

Depreciation, factory $19,000

Depreciation, executive offices $12,000

Indirect labor $15,000

Utilities, factory $16,000

Utilities, executive offices $7,000

Property taxes, factory $13,000

Property taxes, executive offices $8,000

Using this cost information, prepare a cost of goods manufactured schedule for Mr. Clemens.

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