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Required Information [The following information applies to the questions displayed below.] The following dets refer to San Fernando Fashions Company for the year 20x2: Sales
Required Information [The following information applies to the questions displayed below.] The following dets refer to San Fernando Fashions Company for the year 20x2: Sales revenue Work-in-process inventory, December 31 Work-in-process inventory, January 1 Selling and administrative expenses Income tax expense Purchases of raw material Raw-material inventory, December 31 Raw-material inventory, January 1 Direct labor Utilities: plant Depreciation: plant and equipment Finished goods inventory, December 31 Finished goods inventory, January 1 Indirect material Indirect labor Other manufacturing overhead $1,000,000 30.000 32,290 150,000 80.00 170,000 25,00 30.09 280, eae 40.000 40,000 50.000 20.000 6,000 12,890 40,000 1. Prepare San Fernando Fashions' schedule of cost of goods manufactured for the year. SAN FERNANDO FASHIONS COMPANY Schedule of Cost of Good Manufactured For the Year Ended December 31, 20x2 Direct material: Direct labor Add: Purchases of raw material Direct labor Less: Raw material inventary, December 31 Indirect labor Raw material inventory, January 1 Manufacturing overhead: 0 Total manufacturing overhead Total manufacturing costs 0 Subtotal Cast of goods manufactured
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