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Supervisory Salaries$46,000 Utilities Expenses$12,500 Amortization (Equipment)$13,000 Factory Supplies$4,500 Factory Rent$15,000 Beginning Work-In-Process Inventory$17,500 Ending Work-in-Process Inventory$13,500 Beginning Direct Materials Inventory$10,000 Ending Direct Materials Inventory$16,000 Sales

Supervisory Salaries$46,000

Utilities Expenses$12,500

Amortization (Equipment)$13,000

Factory Supplies$4,500

Factory Rent$15,000

Beginning Work-In-Process Inventory$17,500

Ending Work-in-Process Inventory$13,500

Beginning Direct Materials Inventory$10,000

Ending Direct Materials Inventory$16,000

Sales Salaries$45,000

Sales Commissions$20,000

Direct Materials Purchased$28,500

Sales$ 333,000

Beginning Finished Goods Inventory$22,750

Ending Finished Goods Inventory$30,750

Office Salaries$40,000

Office Supplies$ 5,000

Direct labor$87,500

Calculate the prime cost:

Calculate the manufacturing overhead:

Calculate the conversion cost:

Calculate the cost of goods manufactured:

Calculate the cost of goods sold:

Calculate the operating income:

Please show steps for the calculations, thank you.

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