Prepare a Statement of Cost of Goods Manufactured for Frank's Furniture for the year ending December 2019.

Advertising Expense - $ 22250 Depreciation expense Office Equip - 10,440 Depreciation expense Selling Equip - 12,125 Depreciation expense Factory Equip. - 37,400 Direct Labor - 564,500 Factory supervision - 123,400 Factory supplies used (indirect materials) - 8,060 Factory utilities - 39,500 Inventories: Raw Materials, Dec 31, 2018 - 42,375 Raw Materials, Dec 31, 2019 - 72,430 Goods-in-Process, Dec 31, 2018 - 14,500 Goods-in-Process, Dec 31, 2019 - 16,100 Finished Goods, Dec 31, 2018 - 179,200 Finished Goods, Dec 31, 2019 - 143,750 Income taxes expense - 138,700 Indirect labor - 61,000 Misc. Production costs - 10,440 Office salaries expense - 72,875 Raw materials purchased - 896,375 Rent expense office space - 25,625 Rent expense selling space - 29,000 Rent expense factory building - 95,500 Maintenance expense - factory - 32,375 Sales - 5,002,000

Sales Discounts - 59,375 Sales salaries expense - 297,300

FRANK'S FURNITURE
Manufacturing Statement
For the year ended December 31, 2019
Direct Materials
Raw materials inventory, December 31, 2018
Raw materials purchased
Raw materials available for use
Less raw materials inventory, December 31, 2019
Direct materials used
Direct Labor
Factory Overhead
Depreciation expense - Factory Equipment
Factory Supervision
Factory Supplies used
Factory Utilities
Indirect Labor
Miscellaneous production costs
Rent expense - Factory building
Misc. Factory maintenance
Total factory overhead costs
Total manufacturing costs
Goods-in-Process Inventory, December 31, 2018
Total cost of goods in process
Less Goods-in-Process Inventory, December 31, 2019
Cost of Goods Manufactured

Thank you!