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Question 1.1 (Total: 18 marks) The following information was taken from the accounting records of Dunbar Mifflin Company in 2018. Direct materials inventory Work-in-process
Question 1.1 (Total: 18 marks) The following information was taken from the accounting records of Dunbar Mifflin Company in 2018. Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Beginning of 2018 135,000 185,000 255,000 Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Plant utilities Repairs and maintenance-plant Equipment leasing costs Marketing, distribution, and customer-service costs General and administrative costs Required: 1. Prepare a schedule of cost of goods manufactured. Ending of 2018 83,000 154,000 216,000 270,000 225,000 103,000 11,000 48,000 29,500 13,500 66,800 129,500 72,500
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