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Exercise 15-8 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $129,600 Advertising expense $49,600 Depreciation on plant 70,200 Property

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Exercise 15-8 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $129,600 Advertising expense $49,600 Depreciation on plant 70,200 Property taxes on plant 21,000 Property taxes on store 7,690 Delivery expense 31,400 Labor costs of assembly-line workers 120,400 Sales commissions 42,400 Factory supplies used 29,200 Salaries paid to sales clerks 54,400 Work in process inventory was $14,400 at January 1 and $17,000 at December 31. Finished goods Inventory was $70,200 at January 1 and 546,400 at December 31. x) Your answer is incorrect. Try again. Compute cost of goods manufactured, Cost of goods manufactured 354490 VIDEO APPLIED SKILLS LINK TO TEXT Your answer is incorrect. Try again. Compute cost of goods sold. Cost of goods sold 378290 wens Inc

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