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Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation furniture. Required: 1. Classify the following manufacturing costs of Business Solutions
Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation furniture. Required: 1. Classify the following manufacturing costs of Business Solutions as either direct or indirect. 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2022. Assume the following manufacturing costs. Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Direct materials used Direct labor Factory overhead $540 50 $ 350 $2200 $ 900 $.490 3. Refer to the data in part 2 and prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2022. Complete this question by entering your answer below. Required 1 Required 2 Required 3 Refer to the data in part 2 and prepare the cost of goo partial income statement for Business Solutions for the January 31, 2022. BUSINESS SOLUTIONS Partial Income Statement For Month Ended January 31, 2022 Cost of goods sold Goods available for sale Cost of goods sold Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation furniture. Required: 1. Classify the following manufacturing costs of Business Solutions as either direct or indirect. 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2022. Assume the following manufacturing costs. Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Direct materials used Direct labor Factory overhead 50 $540 50 $350 $2200 $ 900 $490 3. Refer to the data in part 2 and prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2022. Complete this question by entering your answer below. Required 1 Required 2 Required 3 Refer to the data in part 2 and prepare the cost of goo partial income statement for Business Solutions for the January 31, 2022. BUSINESS SOLUTIONS Partial Income Statement For Month Ended January 31, 2022 Cost of goods sold Goods available for sale Cost of goods sold < Required 2 Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation furniture. Required: 1. Classify the following manufacturing costs of Business Solutions as either direct or indirect. 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2022. Assume the following manufacturing costs. Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Direct materials used Direct labor Factory overhead 58 $540 50 $350 $2200 $ 900 $490 3. Refer to the data in part 2 and prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2022. Complete this question by entering your answer below. Required 1 Required 2 Required 3 Refer to the data in part 2 and prepare the cost of goo partial income statement for Business Solutions for the January 31, 2022. BUSINESS SOLUTIONS Partial Income Statement For Month Ended January 31, 2022 Cost of goods sold Goods available for sale Cost of goods sold
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