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Flyers Inc., had the following activities during 2015: Direct materials: Beginning inventory Purchases Ending inventory Direct manufacturing labor Indirect materials cost Indirect labor cost Depreciation
Flyers Inc., had the following activities during 2015: Direct materials: Beginning inventory Purchases Ending inventory Direct manufacturing labor Indirect materials cost Indirect labor cost Depreciation of the plant equipment Depreciation of the office equipment Plant utilities Plant insurance cost Salary of accounting manager Rent for the plant Other Manufacturing overhead Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory $ 25,000 60,000 10,000 28,000 1,500 1,600 1,700 1,800 2,000 1,000 (15,000 40,000 500 5,000 8,000 20,000 15,000 C. Prepare the schedule of cost of goods manufactured for 2015. Flyers Inc. Schedule of Cost of Goods Manufactured Year Ended December 31, 2015 Direct
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