Question
Miscellaneous manufacturing overhead $ 187,000 Rent on the plant $ 142,000 Finished goods inventory balance, December 31 $ 98,000 Manufacturing facility equipment depreciation $ 126,000
Miscellaneous manufacturing overhead $ 187,000 Rent on the plant $ 142,000 Finished goods inventory balance, December 31 $ 98,000 Manufacturing facility equipment depreciation $ 126,000 Rent on the retail store $ 145,000 Office supplies $ 101,000 Revenues $ 2,010,000 Factory supervisor salary $ 68,000 Direct materials inventory balance, December 31 $ 18,000 Depreciation on equipment in corporate headquarters $ 192,000 Direct materials inventory balance, January 1 $ 12,000 Work in process inventory balance, December 31 $ 14,000 Work in process inventory balance, January 1 $ 39,000 Sales commissions $ 75,000 Customer service costs $ 51,000 Factory utilities $ 63,000 Finished goods inventory balance, January 1 $ 43,000 Direct materials purchases $ 164,000 Direct manufacturing labor $ 120,000 Advertising costs $ 73,000 Human resources salaries $ 117,000 Indirect manufacturing labor $ 173,000
1. What is the total amount of period costs incurred in 2019?
2. What is the total amount of indirect manufacturing costs incurred in 2019?
3. Calculate cost of goods manufactured for 2019.
4. Calculate cost of goods sold for 2019.
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