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QUESTION 3 Assume the following costs in each of the categories identified in question one are: Packaged (Cans & Bottles) $131,961 Kegs $66,317 Shrinkage/WIP Loss
QUESTION 3
Assume the following costs in each of the categories identified in question one are:
| Packaged (Cans & Bottles) | $131,961 |
| Kegs | $66,317 |
| Shrinkage/WIP Loss | $42,000 |
| Contract Labor | $9,000 |
| Direct Labor | $240,000 |
| Freight | $18,000 |
| Consumer Advertising | $30,000 |
| Trade Promotion | $30,000 |
| Sales Promotion | $18,000 |
| Salaries & Benefits | $180,000 |
What is Shannon's cost of goods sold?
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