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mis Questions 2010/10 com www.soft wind 000 et de 12 de . www actured, and the amounts below. Assume that the company Reference East Aquatic

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mis Questions 2010/10 com www.soft wind 000 et de 12 de . www actured, and the amounts below. Assume that the company Reference East Aquatic Industries Calculation of Cost of Goods Manufactured For Current Year 35,000 Beginning work in process inventory Plus Manufacturing costs incurred Direct materials used 64,000 87.000 64,300 Direct labor Manufacturing overhead Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured (CGM) 250,300 34,000 216,300 $ Print Done are the income statement for East Aqua Click the icon to view the amounts.) Click the icon to view the calculation of cost of goods manufactured.) (Click the icon to view the calculation of cost of goods sold.) 1 Data Table Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor Indirect labor Beginning End of of Year Year $ 23,000 $ 32,000 Insurance on plant $ 35,000 $ 34,000 Depreciation-plant building and equipment $ 18,000 $ 28,000 Repairs and maintenance plant $ 73,000 Marketing expenses $ 87,000 General and administrative expenses $ 38,000 End of Year $ 9,500 $ 12,700 $ 4,100 $ 79,000 $ 22,500 Print Done 0 Reference East Aquatic Manufacturing Calculation of Cost of Goods Sold For Current Year Beginning finished goods inventory Plus: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold $ 18,000 216,300 234,300 28,000 206,300 Print Done

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