BusinessCourse Return to course P Flag question Question 6 out of 32.00 Marked Not complete Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2019 for Bourne Manufacturing Company: Administrative salaries (non-factory) Administrative rent (non-factory) Advertising and promotion expense Depreciation-administrative $70,000 35,000 41,000 22,000 30,000 Depreciation-factory 17,000 Depreciation-selling Direct labor 175,000 18,000 Factory rent Factory supplies used Finished goods inventory January 1) Finished goods inventory (December 31) indirect material used 12,000 57,000 50,000 14,000 19,000 Indirect labor 15,000 Materials inventory (January 1) Materials inventory (December 31) 20,000 138,000 Net delivered cost of materials purchased Other factory overhead 26,000 845,000 Sales Sales salaries expense Work in process inventory (January 1) Work in process inventory (December 31) 72,000 18,000 20,000 Using the above data, prepare a schedule of cost of goods manufactured and sold. Do not use negative signs with any of your answers. Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31, 2019 BusinessCourse Return to course 72,000 Sales salaries expense 18.000 Work in process inventory January 1) 20.000 Work in process inventory ( December 31) Using the above data, prepare a schedule of cost of goods manufactured and sold. Do not use negative signs with any of your answers. Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31, 2019 Direct material: Beginning materials inventory Cost of material available Less: Total materials used Less: Direct material used Direct labor Manufacturing overhead Indirect material Indirect labor Factory supplies used Factory depreciation Factory rent Total manufacturing overhead Total manufacturing costs for the year Add: Total cost of work in process during the year Less: Cost of goods manufactured Add Cost of goods available for sale Less: Cost of goods sold 41