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Cast Assignment Methods Utilities for factory Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon
Cast Assignment Methods Utilities for factory Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information for last year: Raw materials purchases $250,000 Direct labor 140,000 Depreciation on factory equipment 45,000 Depreciation on factory building 30,000 Depreciation on headouarters building 50,000 Factory insurance 15,000 Property taxes: Factory 20,000 Headquarters 18,000 titles for 34,000 Utilities for sales office 1,800 1 Administrative salaries 150,000 Indirect labor salaries 156,000 al Sales office salaries 90,000 Beginning balance, raw materials 124,000 Beginning balance, work in process 124,000 Beginning balance, finished goods A4,000 Ending balance, raw materials 102,000 Ending balance, work in process 130,000 Ending balance, finished goods 82,000 Last year, Brody completed 100,000 units. Sales revenge cqualed $1,200,000, and Brody paid a sales commission of 5 percent of sales, Statement of Cost of Goods Manufactured For Last Year Cost of goods manufactured X Direct labor Total manufacturing cost Feedback Check My Work 4. Remember to include all product costs and consider beginning and ending work in process inventory, Calculate the unit product cost. If required, round your answer to the nearest cent. Feedback Check My Work Incorrect 5. Prepare a cost of goods sold statement for last year Brody Company Statement of Cost of Goods Sold For Last Year Cost of goods available for sale x Add: Cost of goods manufactured X : Feedback
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