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Account Balances Finished Goods Inventory, December 31$42,000Factory Supervisory Salaries12,000Income Tax Expense18,000Raw Materials Inventory, December 112,000Work In Process Inventory, December 3115,000Sales Salaries Expense14,000Factory Depreciation Expense8,000Finished Goods

Account Balances

Finished Goods Inventory, December 31$42,000Factory Supervisory Salaries12,000Income Tax Expense18,000Raw Materials Inventory, December 112,000Work In Process Inventory, December 3115,000Sales Salaries Expense14,000Factory Depreciation Expense8,000Finished Goods Inventory, December 135,000Raw Materials Purchases105,000Work In Process Inventory, December 125,000Factory Utilities Expense6,000Direct Labor70,000Raw Materials Inventory, December 3119,000Sales Returns and Allowances5,000Indirect Labor21,000InstructionsPrepare a schedule of cost of goods manufactured for Sampson Manufacturing Company for the month ended December 31, 2019.

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