Mellon Company, a manufacturing firm, has supplied the following information from its accounting records for the year 2008 (in thousands of dollars):

do required 1-3

Don R. Hansen, Maryanne M. Mo X Cornerstones of Managerial Acco X + File | D:/Silabus%20Semester%20Ganjil%202020/Managerial%20Accounting%20(Monday)/Don%20R.%20Hansen,%20Maryanne%20M.%20Mowen%20-%20Mana... : Don R. Hansen, Maryanne M. Mowen - Managerial Accounting, 8th Edition -Cengage Learning (20... 80 / 895 2-12 Mellon Company, a manufacturing firm, has supplied the following information from its accounting records for the year 2008 (in thousands of dollars): Cost of Goods Manufactured and Sold LO3 Chapter 2 / Basic Management Accounting Concepts 59 EXCEL Purchases of raw materials Direct labor cost Supplies used Factory insurance Commissions paid Factory supervision Advertising Material handling w Work-in-process inventory, December 31, 2007 Work-in-process inventory, December 31, 2008 Materials inventory, December 31, 2007 Materials inventory, December 31, 2008 Finished goods inventory, December 31, 2007 Finished goods inventory, December 31, 2008 $76,000 52,500 5,300 1,050 7,500 9,675 2,400 11,000 47,500 42.000 10,400 28,500 20,055 10.750 -- + Required 1. Prepare a statement of cost of goods manufactured. 2. Prepare a statement of cost of goods sold. 3. What was total prime cost for 2008? Total conversion cost? 2-13 Garrett Peckam owns and operates three Muffle-Man outlets in Fort Worth, Texas. Muffle-Man specializes in replacing mufflers with mufflers that have a lifetime guar- . 10.05 26 Okt 2020