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Please provide cost of good manufactured journal entry and sales and cost of good sold journal entry 3-56 Cost of Goods Manufactured; Income Statement Consider
Please provide cost of good manufactured journal entry and sales and cost of good sold journal entry
3-56 Cost of Goods Manufactured; Income Statement Consider the following information for Huntersville Inc. for the fiscal year ended December 31. Depreciation expense-administrative office Depreciation expense-plant and equipment Direct labor-wages Materials Inventory, Dec. 31 Materials Inventory. Jan. 1 Direct materials purchases Finished Goods Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Heat, light, and power-plant Indirect labor Property taxes-plant Sales representatives' salaries Sales revenue Factory supervisor's salary Supplies-administrative office Supplies-plant Work-in-Process inventory, Dec. 31 Work-in-Process inventory, Jan. 1 $ 32,000 86,000 487,000 26,000 19,000 155,000 38,000 15,000 44,000 25,000 34,000 145,000 1,495,000 66,000 16,000 29,000 9,000 23,000Step by Step Solution
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