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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 Labor
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) Compute cost of goods manufactured. Cost of goods manufactured $enter cost of goods manufactured in dollars Current Attempt in Progress Blossom Corporation incurred the following costs while manufacturing its product. $155,000 74.400 9.300 136,400 28,520 Materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on factory Delivery expense Sales commissions Salaries paid to sales clerks 55,800 23,560 26,040 43,400 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 (a) Compute cost of goods manufactured. Cost of goods manufactured $ Save for Later Attempts: 0 of 1 used Submit
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)
Compute cost of goods manufactured.
Cost of goods manufactured
$enter cost of goods manufactured in dollars
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