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Pronghorn Corporation incurred the following costs while manufacturing its product. Materials used in product $124,800 Advertising expense $46,800 Depreciation on plant 62,400 Property taxes
Pronghorn Corporation incurred the following costs while manufacturing its product. Materials used in product $124,800 Advertising expense $46,800 Depreciation on plant 62,400 Property taxes on plant 14,800 Property taxes on store 7,800 Delivery expense 21,600 Labor costs of assembly-line workers 114,400 Sales commissions 36,400 Factory supplies used 24,400 Salaries paid to sales clerks 52,000 Work in process inventory was $12,600 at January 1 and $16,000 at December 31. Finished goods inventory was $62,400 at January 1 and $47,300 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured $ Save for Later Attempts: 0 of 5 used Submit Answer
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