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Question 3 of 7 -72 View Policies Current Attempt in Progress Coronado Company produces small gasoline-powered engines for model airplanes. Mr. Lee, Coronado's CFO, has
Question 3 of 7 -72 View Policies Current Attempt in Progress Coronado Company produces small gasoline-powered engines for model airplanes. Mr. Lee, Coronado's CFO, has presented you with the following cost information: Direct Materials Inventory, beginning $ 64,000 Direct Materials Inventory, ending $ 48,000 Work in Process Inventory, beginning $ 28,000 Work in Process Inventory, ending $ 22.000 Direct labor $ 155,000 Direct materials purchases $ 221,000 Insurance, factory $ 42,000 Depreciation, factory $ 19,000 Depreciation, executive offices $ 13,000 Indirect labor $ 15,000 Utilities, factory $ 18,000 Utilities, executive offices $ 8,000 Property taxes, factory $ 12,000 Property taxes, executive offices $ 9,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lee. Coronado Company Schedule of Cost of Goods Manufactured Manufacturing Overhead Direct Materials $ 4 $ Total Manufacturing Overhead Utilities, Factory Direct Labor Cost of Goods Manufactured Property Taxes, Executive Offices Property Taxes, Factory Direct Materials, Ending Inventory Depreciation, Factory Total Manufacturing Costs Work in Process, Ending Balance Direct Materials, Beginning Inventory Depreciation, Executive Offices Direct Materials Used In Production Indirect Labor Work in Process, Beginning Balance Utilities, Executive Offices Insurance, Factory Depreciation, factory 19,000 Depreciation, executive offices $ 13,000 Indirect labor $ 15,000 Utilities, factory $ 18,000 Utilities, executive offices $ 8,000 Property taxes, factory $ 12,000 Property taxes, executive offices $ 9,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lee. Coronado Company Schedule of Cost of Goods Manufactured $ Add : Subtract 4: $ a $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Depreciation, factory $ 19,000 Depreciation, executive offices $ 13,000 Indirect labor $ 15,000 Utilities, factory $ 18,000 Utilities, executive offices $ 8,000 Property taxes, factory $ 12,000 Property taxes, executive offices $ 9,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lee. Coronado Company Schedule of Cost of Goods Manufactured $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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