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Prepare a detailed schedule of cost of goods manufactured and cost of goods sold. All of the following are from December 2015 Administrative Expenses Beginning
Prepare a detailed schedule of cost of goods manufactured and cost of goods sold.
All of the following are from December 2015 Administrative Expenses Beginning Finished Goods Beginning Raw Materials Beginning WIP Depreciation on Factory Equip Direct Labor Ending Finished Goods Ending Raw Materials Ending WIP Factory Utilities Indirect Materials Used from Raw Materials Insurance (70% for factory 30% for admin) Marketing Expenses Raw Materials Purchases Repair and Maintenance on Factory Equip Sales Supervision $ 686,200 $ 108,620 $ 427,150 $20,625 $ 202,035 $ 756,908 $ 93,612 $ 501,302 $ 27,941 $ 312,052 $ 87,712 $ 210,855 $ 442,807 $ 2,422,920 $ 129,246 $ 6,420,456 $ 294,485Step by Step Solution
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