Prepare the 2016 statement of costs of goods manufactured

Beginning work in process inventory

Direct materials:

Beginning materials inventory

Materials purchased

Cost of materials available for use

Less:

Ending materials inventory

Cost of direct materials used

Direct labour

Factory overhead:

Indirect labour

Depreciation expense - factory equipment

Rent expense - factory

Heat, light, and power - factory

Supplies - factory

Property taxes - factory

Miscellaneous cost - factory

Total factory overhead

Total manufacturing costs incurred

Total manufacturing costs

Less:

Ending work in process inventory

Cost of goods manufactured

The following information is available for Yu Company for 2016: Inventories January 1 December 31 Materials $47,000 $58,500 Work in process $67,000 $59,000 Finished goods $70,000 $62,000 Advertising expense Depreciation expense - office equipment Depreciation expense - factory equipment Direct labour Heat, light, and power - factory Indirect labour Materials purchased Office salaries expense Property taxes - factory Property taxes - headquarters building Rent expense - factory Sales Sales salaries expense Supplies - factory Miscellaneous cost - factory $42,500 $13,800 $9,000 $115,000 $3,600 $14,400 $76,000 $46,800 $2,500 $8,400 $4,000 $529,000 $82,500 $3,000 $2,000