Question 53 Which of the following accounts would all appear on a manufacturing statement? Raw materials, factory insurance expired, indirect labor. O Raw materials, goods in process, finished goods. Factory buildings, delivery equipment, and depreciation on factory equipment. Direct labor, indirect labor, sales salaries Direct labor, factory repairs and maintenance, wages payable. Question 54 Which of the following represents the correct formula for calculating cost of goods manufactured? Direct materials used + direct labor + factory overhead + beginning goods in process + ending goods in process Direct materials used + direct labor + factory overhead + beginning goods in process-ending goods in proces Direct materials used + direct labor + factory overhead- beginning goods in process+ ending goods in process. Direct materials used + direct labor factory overhead- beginning goods in process - ending goods in process Direct materials used+ direct labor - factory overhead + beginning goods in process ending goods in process Question 55 Use the following data to determine the cost of goods manufactured. Beginning finished goods inventory Direct labor... Beginning goods in process inventory Gencral and administrative expenses $ 10,800 13,500 Ending goods in process inventory 9,000 Ending finished goods inventory.9,500 Depreciation - factory equipment.. 7,500 40,500 .6,300 13,500 $102,000. $110,100. $96,600. $113,700. $100,200. Question 56 The following information pertains to the Hewett Corporation. Calculate the cost of goods sold for the period: $30,000 $70,000 $40,000 $46,000 $72,000 $68,000 Beginning Direct Materials Ending Direct Materials Beginning Goods in Process Inventory Ending Goods in Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory Cost of Goods Manufactured for the period$246,000 O $250.000 $290,000 $242,000 $258,000 $246,000