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Part 1

Denim Bones

manufactures its own brand of pet chew bones. At the end of

December

2024,

the accounting records showed the following:

Data table

Balances:	Beginning	Ending
Direct Materials	$13,300	$10,000
Work-in-Process Inventory	0	4,000
Finished Goods Inventory	0	5,600

Data table

Other information:
Direct materials purchases	$31,000
Plant janitorial services	100
Sales salaries	5,200
Delivery costs	1,700
Net sales revenue	112,000
Utilities for plant	1,100
Rent on plant	11,000
Customer service hotline costs	1,500
Direct labor	25,000

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Part 1

Requirement 1. Prepare a schedule of cost of goods manufactured for

Denim Bones

for the year ended

December

31,

2024.

(For accounts with a $0 balance, make sure to enter "0" in the appropriate column.)

Denim Bones
Schedule of Cost of Goods Manufactured
Year Ended December 31, 2024
Direct Materials Used:
Direct Materials Used
Manufacturing Overhead:
Total Manufacturing Overhead
Total Manufacturing Costs Incurred during the Year
Total Manufacturing Costs to Account For
Cost of Goods Manufactured