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A-Compute cost of goods manufactured. B- Compute cost of goods Sold. Complete both A and B Pharoah Corporation incurred the following costs while manufacturing its
A-Compute cost of goods manufactured.
Pharoah Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes onfactory Delivery expense. Sales commissions Salaries paid to sales cierks $140,000 67,200 8,400 123.200 25.760 50,400 21,280 23,520 39,200 56,000 Work in process inventory was $30,240 at January 1 and $17.360 at December 31 . Finished goods inventory was $72,800 at January 1 and $56.640 at December 31 . (Assume all raw materials used were direct materials) B- Compute cost of goods Sold.
Complete both A and B
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