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Please answer question 1 to 3! Thanks! Required information [The following information applies to the questions displayed below.] The following data refers to Huron Corporation
Please answer question 1 to 3! Thanks!
Required information [The following information applies to the questions displayed below.] The following data refers to Huron Corporation for the year 20x2 Sales revenue Raw-material inventory, 12/31/x1 Purchases of raw material in 20x2 Raw-material inventory, 12/31/x2 Direct-labor cost incurred Selling and administrative expenses Indirect labor cost incurred Property taxes on factory Depreciation on factory building Income tax expense Indirect material usec Depreciation on factory equipment Insurance on factory and equipment Utilities for factory Hork-in-process inventory, 12/31/xl Mork-in-process inventory, 12/31/x2 Finished-goods inventory, 12/31/x1 Finished-goods inventory, 12/31/x Applied manufacturing overhead $2,105,000 89,000 731,000 59,000 474,000 269,000 150,000 90,000 125,000 25,000 45,000 60,000 40,000 70,000 40,000 35,000 40,000 577,500 Required 1. Prepare Huron's schedule of cost of goods manufactured for 20x2Step by Step Solution
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