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Shoba Company, a plasticware manufacturing firm, has supplied the following information from its accounting records for the year 2 0 2 3 . Direct labor

Shoba Company, a plasticware manufacturing firm, has supplied the following information from its accounting records for the year 2023.
Direct labor cost $389,400
Purchases of direct materials $168,130
Freight-in on materials $1,050
Factory supplies used $39,620
Factory utilities $48,220
Commissions paid $83,860
Factory supervision and indirect labor $199,160
Advertising $25,050
Material handling $28,040
Work in process inventory, January 1 $210,690
Work in process inventory, December 31 $102,720
Direct materials inventory, January 1 $49,270
Direct materials inventory, December 31 $17,820
Finished goods inventory, January 1 $29,350
Finished goods inventory, December 31 $47,380
Do not enter dollar signs or commas in the input boxes.
Do not use the negative sign.
a) Prepare a cost of goods manufactured statement for December.
Shoba Company
Statement of Cost of Goods Manufactured
For the Month Ending December 31,2023
Beginning work in process Answer
Direct materials:
Beginning inventory Answer
Purchases Answer
Freight-in on materials Answer
Materials available for use Answer
Ending Inventory Answer
Direct materials used in production Answer
Direct labor Answer
Manufacturing overhead:
Material handling Answer
Factory supplies used Answer
Factory utilities Answer
Factory supervision and indirect labor Answer
Total overhead costs Answer
Ending work in process Answer
Cost of goods manufactured Answer
b) Calculate cost of goods sold for December.
Cost of goods manufactured Answer
Beginning finished goods inventory Answer
Ending finished goods inventory Answer
Cost of goodssold Answer

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