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Sage Hill Corporation incurred the following costs during 2022. Direct materials used in product $132,000 Advertising expense $49,500 Depreciation on factory 66,000 Property taxes on
Sage Hill Corporation incurred the following costs during 2022. Direct materials used in product $132,000 Advertising expense $49,500 Depreciation on factory 66,000 Property taxes on factory 15,700 Property taxes on store 8,250 Delivery expense 22,800 Labor costs of assembly-line workers 121,000 Sales commissions 38,500 Factory supplies used 25,900 Salaries paid to sales clerks 55,000 Work in process inventory was $13,350 at January 1 and $16,900 at December 31. Finished goods inventory was $66,000 at January 1 and $50,000 at December 31. (a) X Your answer is incorrect. Compute cost of goods manufactured. Cost of goods manufactured $ 365500
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