Data Table ar ala D At the end of December 2020, her accounting records show the following: ... Utilities for plant $ 4,700 Delivery expense $ 3,800 Sales salaries expense $ 4,900 Plant janitorial services ... $ 950 Work in process inventory, December 31, 2020 $ 3,000 Finished goods inventory, December 31, 2019 $ 0 Finished goods inventory, December 31, 2020 $ 4,000 Sales revenue $ 106,000 Customer service hotline expense $ 1,300 Direct labor $ 27,000 Direct material purchases 39,000 Rent on manufacturing plant 9,200 Raw materials inventory, December 31, 2019 $ 11,000 Raw materials inventory, December 31, 2020 7.000 Work in process inventory, December 31, 2019.....$ 0 .. turid approp ......$ nd th Print Done This Question: 10 pts 28 of 31 (29 complete) Part One: In 2018, Paula Smith opened Paula's Posies, a small retail shop selling floral arrangements. (Click the icon to view the records.) Read the requirement (Part One) Part Two: Paula's Posies was so successful that Paula decided to manufac own brand of floral supplies: Floral Mart Manufacturing Click the icon to view the records.) Read the requirements (Part Two) Part Two: Requirement 1. Calculate the cost of Goods Manufactured for Floral Mart Manufacturing for the year ended December 31, 2020. Begin by calculating the direct materials used during the year. Floral Mart Manufacturing Calculation of Direct Materials Used For the Year Ended December 31, 2020 Plus: Less: Calculate the cost of Goods Manufactured for Floral Mart Manufacturing for the year ended December 31, 2020. (For accounts with a $0 balance, make sure to Floral Mart Manufacturing Calculation of Cost of Goods Manufactured Choose from any list or enter any number in the input fields and then continue to the next question, 16 Moad the airments (Part Two) Calculate the cost of Goode Manufactured for Floral Mort Manufacturing for the year ended December 31, 2020. (For courts was honor, mete "o". worries) Floral Mart Manufacturing Calculation of Cost of Goods Manufactured For the Year Ended December 31, 2020 Plus Less 11 m2 # ani op selling Part Two: own brand (Click Read there TWITTU Ormy or Part On floral ar B (cli Beginning raw materials inventory Read th Beginning work in process inventory royume Cost of goods manufactured Direct labor Begin by Direct materials used Ending raw materials inventory Ending work in process inventory Manufacturing overhead Materials available for use Purchases of direct materials Plus: Total manufacturing costs incurred during the period Total manufacturing costs to account for Less: Calculate the cost of Goods Manufactured for Floral Mart Manufacturing for the year ended Decem Floral Mart Manufacturing Calculation of Cost of Goods Manufactured For the Year Ended December 31, 2020 Requirement 2. Prepare an income statement for Floral Mart Manufacturing for the year ended December 31, 2020. Begin by calculating the cost of goods sold for the year. (For accounts with a so balance, make sure to enter "o" in the appropriate cell.) Floral Mart Manufacturing Calculation of Cost of Goods Sold For the Year Ended December 31, 2020 Plus: Less: Prepare an income statement for Floral Mart Manufacturing for the year ended December 31, 2020 Floral Mart Manufacturing Income Statement Choose from any list or enter any number in the input fields and then continue to the next question. Prepare an income statement for Floral Mart Manufacturing for the year ended December 31, 2020, Floral Mart Manufacturing Income Statement For the Year Ended December 31, 2020 Less Less
