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Blossom Corporation incurred the following costs while manufacturing its product. Materials used in product $155,000 Depreciation on factory 74,400 Property taxes on store 9,300
Blossom Corporation incurred the following costs while manufacturing its product. Materials used in product $155,000 Depreciation on factory 74,400 Property taxes on store 9,300 Labor costs of assembly-line workers 136,400 Factory supplies used 28,520 Advertising expense 55,800 Property taxes on factory 23,560 Delivery expense 26,040 Sales commissions 43,400 Salaries paid to sales clerks 62,000 Work in process inventory was $33,480 at January 1 and $19,220 at December 31. Finished goods inventory was $80,600 at January 1 and $62,700 at December 31. (Assume all raw materials used were direct materials.) (a) Your answer has been saved. See score details after the due date. Compute cost of goods manufactured. Cost of goods manufactured $ 432140 (b) Compute cost of goods sold. Cost of goods sold $ Attempts: 1 of 1 used
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