Question
Administrative Expenses $686,200 Beginning Finished Goods $108,620 Beginning Raw Materials $427,150 Beginning WIP $20,625 Depreciation on Factory Equip $202,035 Direct Labor $756,908 Ending Finished Goods
Administrative Expenses
$686,200
Beginning Finished Goods
$108,620
Beginning Raw Materials
$427,150
Beginning WIP
$20,625
Depreciation on Factory Equip
$202,035
Direct Labor
$756,908
Ending Finished Goods
$93,612
Ending Raw Materials
$501,302
Ending WIP
$27,941
Factory Utilities
$312,052
Indirect Materials Used from Raw Materials
$87,712
Insurance (70% for factory 30% for admin)
$210,855
Marketing Expenses
$442,807
Raw Materials Purchases
$2,422,920
Repair and Maintenance on Factory Equip
$129,246
Sales
$6,420,456
Supervision
$294,485
Direct Materials Used?
Cost of Goods Manufactured is closest to?
Cost of Goods Sold is closest to?
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