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PR 3 - 4 2 ( Algo ) Schedule of Cost of Goods Manufactured and Sold; Income Statement ( LO 3 - 6 ) Skip

PR 3-42(Algo) Schedule of Cost of Goods Manufactured and Sold; Income Statement (LO 3-6)
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[The following information applies to the questions displayed below.]
The following data refer to snack maker Taquitos To Go for the year 20x1.
Work-in-process inventory, 12/31/x0 $ 8,100
Selling and administrative salaries 13,700
Insurance on factory and equipment 3,600
Work-in-process inventory, 12/31/x18,100
Finished-goods inventory, 12/31/x014,000
Cash balance, 12/31/x18,000
Indirect material used 4,900
Depreciation on factory equipment 2,100
Raw-material inventory, 12/31/x010,100
Property taxes on factory 2,400
Finished-goods inventory, 12/31/x115,400
Purchases of raw material in 20x139,200
Utilities for factory 6,000
Utilities for sales and administrative offices 2,400
Other selling and administrative expenses 3,600
Indirect-labor cost incurred 29,000
Depreciation on factory building 3,800
Depreciation on cars used by sales personnel 1,200
Direct-labor cost incurred 79,000
Raw-material inventory, 12/31/x111,000
Accounts receivable, 12/31/x14,100
Rental for warehouse space to store raw material 3,100
Rental of space for company presidents office 1,700
Applied manufacturing overhead 58,000
Sales revenue 207,800
Income tax expense 5,100
PR 3-42(Algo) Part 1 Prepare the company's schedule of cost of goods manufactured...
Required:
1. Prepare Taquitos To Go's schedule of cost of goods manufactured for 20x1.

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