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Prepare (a) the company's Schedule of Cost of Goods Manufactured for the ma ended September 30 and (b) prepare the company's Cost of Goods Sold
Prepare (a) the company's Schedule of Cost of Goods Manufactured for the ma ended September 30 and (b) prepare the company's Cost of Goods Sold sectior Below is the list for Toy Company: Ida $2,252,000 28,400 46,200 51,900 638,000 21,000 32,250 53,000 42,000 41,000 Sales Depreciation expense - Office equipment Depreciation expense - Factory equipment Income taxes expense Direct labor Factory supplies used. Advertising expense Indirect labor Indirect materials Factory utilities Inventories: Finished Goods Inventory, September 1 Finished Goods Inventory, September 30 Work in process inventory, September 1 Work in process inventory, September 30 Material Inventory, September 1 Material Inventory, September 30 Materials purchases Sales salaries expense Administrative salaries expense 51,000 48,000 56,970 62,000 33,780 37,460 235,000 79,500 135,000
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