Question
make a schedule of cost of goods manufactured a manufacturing income statement Cost of Goods Manufactured Data : Direct labor 173000 Depreciation 20800 Purchases of
make a schedule of cost of goods manufactured a manufacturing income statement
Cost of Goods Manufactured Data :
Direct labor 173000
Depreciation 20800
Purchases of direct material 351200
Beginning work-in-process 80700
Ending direct materials 65800
Indirect materials 20000
Plant utilities, insurance and Property taxes 20300
Ending work-in-process 27400
Beginning direct materials 70100
Indirect labor 34000
Manufacturing Income Statement Data
Net sales revenue 1004000
Income taxes 5500
Beginning finished goods 1000
Supplies expense 6200
Ending finished goods inventory 91700
Cost of goods manufactured 661500
Wage expense 120500
Depreciation expense 9000
Rent expense 100100
Insurance expense 10300
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started