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Exercise 1-14 (Part Level Submission) The following information is available for Aikman Company. January 1, 2014 2014 December 31, 2014 Raw materials inventory $21,100 $35,690
Exercise 1-14 (Part Level Submission)
The following information is available for Aikman Company.
January 1, 2014 | 2014 | December 31, 2014 | ||||
Raw materials inventory | $21,100 | $35,690 | ||||
Work in process inventory | 15,240 | 18,380 | ||||
Finished goods inventory | 29,020 | 24,560 | ||||
Materials purchased | $154,800 | |||||
Direct labor | 225,580 | |||||
Manufacturing overhead | 184,100 | |||||
Sales revenue | 902,090 |
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