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