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Beg. of Year End of Year Raw Materials Inventory $26000 $32046 Work in process inventory $35000 $30710 Finished goods inventory $14000 $28026 Purchases of DM
Beg. of Year | End of Year | |
Raw Materials Inventory | $26000 | $32046 |
Work in process inventory | $35000 | $30710 |
Finished goods inventory | $14000 | $28026 |
Purchases of DM | $73000 | |
Direct Labor | $42482 | |
Indirect Labor | $40000 | |
Insurance on plant | $10000 | |
Depreciation - plant building and equipment | $12730 | |
Repairs and maintenance - plant | $4182 | |
Marketing expenses | $76000 | |
General & administrative expenses | $27325 | |
What is Cost of Goods Sold? |
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