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please take care of plagirism 10. Prepare a cost of goods manufactured schedule for Premium Manufacturing Company for 2022. (16 points) 1 Premium Manufacturing Company
please take care of plagirism
10. Prepare a cost of goods manufactured schedule for Premium Manufacturing Company for 2022. (16 points) 1 Premium Manufacturing Company has the following cost and expense data for the year ended December 31, 2022 Raw materials, January 1 $ 30,000 Insurance - factory building $ 14,000 Raw materials, December 31 20,000 Property taxes - factory bldg. 6,000 Raw materials purchased 205,000 Indirect materials 15,000 Work in process, January 1 80,000 Work in process, December 31 50,000 Finished goods, January 1 110,000 Finished goods December 31 120,000 Direct labour 350.000 Factory manager's salary 35,000 Sales (net) Delivery expenses Sales commissions Indirect Labour Factory machinery rent Factory utilities Depreciation - factory building Administrative expenses 1,500,000 100,000 150,000 90,000 40,000 65,000 24,000 300,000 Step by Step Solution
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