Question
OREO Manufacturing Company muestra los balances siguientes para el trimestre terminado el 31 de diciembre. Work-in-process inventory (October 1) $ 70,200 Work-in-process inventory (December 31)
OREO Manufacturing Company muestra los balances siguientes para el trimestre terminado el 31 de diciembre.
Work-in-process inventory (October 1) $ 70,200
Work-in-process inventory (December 31) 85,600
Finished goods inventory (October 1) 270,000
Finished goods inventory (December 31) 255,000
Direct materials into production 189,000
Indirect materials into production 42,000
Direct manufacturing labor 240,000
Indirect manufacturing labor 93,000
Property taxes on manufacturing plant building 14,400
Salespersons' company vehicle costs 6,000
Depreciation of manufacturing equipment 132,000
Depreciation of office equipment 61,800
Miscellaneous plant overhead 67,500
Plant utilities 46,200
General office expenses 152,700
Marketing distribution expenses 15,000
Sales 2,000,000
Requerido: Espacio para solucin ms adelante.
a. Prepare un Schedule of a Cost of Goods Manufactured para el trimestre.
b. Prepare un Income Statement para el trimestre.
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