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Bose SoundLink is a start-up company that produces vinyl records for numerous record labels worldwide. The company has two full-time employees working in the production

Bose SoundLink is a start-up company that produces vinyl records for numerous record labels worldwide. The company has two full-time employees working in the production department while the CEO splits her time 80/20% between developing new business and overseeing the production process. Information taken from the accounting records for the first three months of operations is shown below.

Beginning raw materials inventory $ 0
Purchases of raw materials 59,500
Ending raw materials inventory 29,750
Direct labour 48,550
Manufacturing overhead 36,650
Beginning work in process inventory 0
Ending work in process inventory 6,900
Purchase of production equipment 195,000
Rent for production facility 11,850

Prepare a schedule of cost of goods manufactured for the company for the month.

What types of expenses are likely included in the total manufacturing overhead cost of $36,650 incurred for the first three months of operation?

check all that apply

  • Selling expenseunanswered
  • Administrative expenseunanswered
  • Ending work in process inventoryunanswered
  • Rent for the production facilityunanswered
  • Depreciation on the production equipmentunanswered
  • Insurance on the production equipmentunanswered
  • Indirect materials used in producing recordsunanswered
  • Indirect labour related to the CEO's supervision of the production process (20% of her time).unanswered
  • Indirect labour related to production facility repair, maintenance, and security.

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