Question
ight, The following information is available for Robstown Corporation for 20y8 Inventory. January 1. December 31 Materials. $77,250. $93,600 Work in process 1108,800. 96,700 Finish
ight, The following information is available for Robstown Corporation for 20y8
Inventory. January 1. December 31
Materials. $77,250. $93,600
Work in process 1108,800. 96,700
Finish goods. 112,500. 108,400
December 31
Advertising expense. 67,800
Depreciation expense- office equipment. 23,000
Depreciation expense-factory equipment. 14,600
Direct labor. 186,100
Heat, light, and power-factory 5,550
Indirect labor 23,800
Material purchased 123,800
Office salaries expense. 78,300
Property taxes-factory. 4,145
Property taxes-office building. 13,800
Rent expense-factory. 6,550
Sales. 861,500
Sales salaries expense. 138,500
Supplies-factory. 4,750
Miscellaneous. 4,420
Required
A). Prepare the 20Y8 statement of cost of goods manufactured for those boxes in which you must enter subtracted or negative numbers used a minus sign
B). Prepare the 20Y8 income statement enter all amounts as positive numbers
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