QUES 1 Compute cost of goods manufactured and cost of goods sold
The following are the account balances relating to 2019 (in thousands)
Property tax on plant building	$4,200
Marketing, distribution and customer service costs	44,400
Finished goods inventory, January 1, 2019	37,400
Plant utilities	20,400
Work in process inventory, December 31, 2019	32,200
Deprection on Plant building	14,700
General and administrative cost( non- plant)	51,600
Direct material used	106,800
Finished goods inventory, December 31, 2019	44,800
Depreciation on Plant equipment	14,700
Plant repairs and maintenance	19,200
Work in process inventory, January 1, 2019	25,000
Direct manufacturing labour	38,400
Indirect manufacturing labour	27,600
Indirect material used	14,200
Miscellaneous plant overhead	5200
Compute the cost of goods manufactured and cost of good depreciation sold
Ques 2
Statement of comprehensive income and schedule of cost of goods manufactured
The Howell Corporation has the following account balances (in millions)
For the year 2019
Direct material, January 1, 2019		$18		Purchast of direct materials		$390
Work in process, January 1, 2019		12		Direct manufacturing labour		120
Finished goods, January 1, 2019		84		Depreciation - Plant, building and equipment		96
Direct material, December 31, 2019		24		Plant Supervisory salaries		6
Work in process, December 31, 2019		6		Miscellneous plant overhead		42
Finished goods, December 31, 2019		66		Revenues		1,140
				Marketing, distribution and customer service cost		288
				Plant supplies used		12
				Plant utilities		36
				indirect manufacturing labour		72
Prepare a statement of comprehensive income and a supporting schedule of cost of goods manufactured for the year ended December 31, 2019