Prescott Manufacturing reported the following information at year-end: 01 Beginning Raw Materials Inventory Ending Raw Materials inventory: Beginning Work in Process: Ending Work in Process: Beginning Finished Goods Inventory: Ending Finished Goods Inventory: Materials Purchased: Indirect Materials Used: Direct Labor Wages: Indirect Labor Wages: Production Equipment Depreciation: Production Equipment Maintenance: Factory Rent: Office Supplies Used: Selling and Administrative Expenses: $16,000 $15,000 $35,000 $40,000 $20,000 $22,000 $130,000 $45.000 $410,000 $630,000 $60,000 $35,000 $85.000 $30,000 $356,000

Prescott Manufacturing reported the following information at year-end: PRESCOTT MANUFACTURING Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31 Direct material: Beginning materials inventory Cost of materials purchased Cost of thaterial available Less: Ending materials Inventory Total material used Less: Indirect material used Direct material used Direct labor Manufacturing overhead: Indirect material Indirect labor Factory supplies used Factory depreciation Factory repairs and maintenance Total manufacturing overhead Total manufacturing costs for the year Add: Beginning work in process inventory Total cost of work in process during the year Less: Ending work in process inventory Cost of goods manufactured Add: Beginning finished goods inventory Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold