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Splish Brothers Inc. incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of
Splish Brothers Inc. incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $124,700 Advertising expense 68,800 Property taxes on plant 8,230 Delivery expense 111.600 Sales commissions 25,300 Salaries paid to sales clerks $50,500 22,700 30.800 41.800 57,800 Work in process inventory was $14,200 at January 1 and $16,800 at December 31. Finished goods inventory was $69,300 at January 1 and $48.000 at December 31. Compute cost of goods manufactured. Cost of goods manufactured $ eTextbook and Media Compute cost of goods sold. Cost of goods sold $ Bonita Corporation has the following cost records for June 2020. Indirect factory labor $5,540 Factory utilities Direct materials used 22,490 Depreciation, factory equipment Work in process, 6/1/20 3,340 Direct labor Work in process, 6/30/20 4.470 Maintenance, factory equipment Finished goods, 6/1/20 5.620 Indirect materials Finished goods, 6/30/208.410 Factory manager's salary $420 1,760 41.640 1.890 2,530 3,300 Prepare a cost of goods manufactured schedule for June 2020. BONITA CORPORATION Cost of Goods Manufactured Schedule $ Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,990. BONITA CORPORATION Income Statement (Partial
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