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please find COGS eith full solution Toy Story, Inc. is an industry leader in the toy business. In 2020, the following were reflected in their
please find COGS eith full solution Toy Story, Inc. is an industry leader in the toy business. In 2020, the following were reflected in their financial reports: Raw Materials purchased PhP 770,068 Purchase discounts 11,051 Supplies Purchased 12,882 Depreciation - machinery 38,593 Depreciation of office furniture 10,100 Direct Labor 687,583 Indirect Labor 55,632 Flood insurance 13,152 6,295 Miscellaneous Factory Overhead Miscellaneous Factory Overhead 6,295 Utilities (Power, heat and light) 376,135 Salary of the accountant 35,000 Inventories: January 1 December 31 Finished Goods PhP 79,463 61,632 Work-in-Process 56,622 27,052 Raw Materials 121,903 94,105 Factory Supplies 7,185 8.413 What is the Cost of Goods Sold? (no decimal places, only integer) Miscellaneous Factory Overhead 6,295 Utilities (Power, heat and light) 376,135 Salary of the accountant 35,000 Inventories: January 1 December 31 Finished Goods PhP 79,463 61,632 Work-in-Process 56,622 27,052 Raw Materials 121,903 94,105 Factory Supplies 7,185 8.413 What is the Cost of Goods Sold? (no decimal places, only integer)
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