A partial trial balance of the Brown Manufacturing Corporation as of December 31. 2000 follows: Purchase of raw materials Direct labor Indirect labor Factory rent Office rent Depreciation - machinery Depreciation - office equipment Insurance factory Salespersons' salaries Repairs and maintenance - machinery Administrative salaries Miscellaneous factory Miscellaneous office Sales 160,000 225.000 40.000 84,000 48,000 35,000 8,000 18.000 72.000 12,000 50.000 26,000 40,000 850.000 January 1 inventories are: Raw materials Work in process Finished goods P 45,000 30,000 125,000 December 31 inventories are: Raw materials R 40.000 Work in process 35,000 Finished goods 110,000 Question 2 Gordon Cylinder.docx Gross Profit Manufacturing Costs Cost of Goods Manufactured Cost of Goods Sold Net income