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SP 14 Serial Problem Business Solutions (Algo) LO C4, P1, P2 Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation

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SP 14 Serial Problem Business Solutions (Algo) LO C4, P1, P2 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 $ 0 Work in process inventory, ending $ 540 Finished goods inventory, beginning $ @ Finished goods inventory, ending $ 400 Direct materials used $ 2,000 Direct labor $ 1,100 Factory overhead $ 450 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 answers in the tabs below. Required 1 Required 2 Required 3 Classify the following manufacturing costs of Business Solutions as either direct or indirect. Product Costs Cost by Traceability lete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Classify the following manufacturing costs of Business Solutions as either direct Product Costs Cost by Traceability 1. Monthly fee to clean workshop 2. Laminate coverings for desktops 3. Taxes on assembly workshop 4. Glue to assemble workstation components 5. Wages of desk assembler 6. Electricity for workshop 7 Depreciation on manufacturing tools Direct Indirect Complete this question by entering your answers in the ta Required 1 Required 2 Required 3 Prepare a schedule of cost of goods manufactured for Business So BUSINESS SOLUTIONS Schedule of Cost of Goods Manufactured For Month Ended January 31, 2022 Manufacturing costs Direct materials Direct labor Factory overhead costs Total manufacturing costs 0 0 Total cost of goods in process Less: Work in process inventory, ending Cost of goods manufactured $ 0

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