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Manufacturing costs for Nicole Company for selected quarter are as follows: Sep Aug 190,000 170,000 Oct 280,000 155,000 135,000 90,000 510,000 30,000 250,000 725,000 40,000
Manufacturing costs for Nicole Company for selected quarter are as follows: Sep Aug 190,000 170,000 Oct 280,000 155,000 135,000 90,000 510,000 30,000 250,000 725,000 40,000 445,000 Direct Materials Used Direct Labor Factory Overhead Total Manufacturing Cost Work in Process, Beginning Total cost put into process Work in Process, end Cost of goods manufactured Finished goods, beginning Goods available for sale Finished goods, end Cost of goods sold 65,000 700,000 405,000 75,000 513,000 740,000 60,000 40,000 438,000 Compute for the missing amounts. (15 points) The following is available for the Alonzo Company: January 1, 2020 Materials purchased Raw materials inventory P 40,000 Work in process inventory 15,000 Finished goods inventory 31,000 Direct labor Manufacturing overhead Sales Selling and administrative expenses Required compute for (1) cost of goods sold. (3 points) Present a statement of comprehensive income (10 points) December 31, 2020 P 180,000 25,000 23,500 37,000 220,000 200,000 980,000 147,000
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