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The adjusted trial balance for Rochester Electronics, Inc. on November 30, the end of its first month of operation, is as follows: Cash Accounts Receivable.

The adjusted trial balance for Rochester Electronics, Inc. on November 30, the end of its first month of operation, is as follows: Cash Accounts Receivable. Finished Goods......... Work in Process Materials...****** Building..... Accumulated Depreciation Building. Machinery and Equipment. Accumulated Depreciation-Mach, and Equip. Accounts Payable Payroll. Capital Stock Sales. Cost of Goods Sold Factory Overhead Selling and Administrative Expenses. O Rochester Electronics, Inc. Trial Balance November 30, 2016 E o N N N 2 CHAN FAROE SUREIG 15 1115 TE TERPRET arr3 A Mana FER ON DURIN KEL tat FRI ENST SHO #0 ZOOTERO FACH C. Direct labor cost was $18,500. CIDEROHE femene FINI EL F Selles Thien NOCKE 38 CEBER ANOTHE 1305 IS TOO C 30.000. $ 21,800 16,200 13,900 7,400 300,000 88,000 42,450 The general ledger reveals the following additional data: ABER 15,200 $504,950 There were no beginning inventories. b. Materials purchases during the period were $33,000. Activate Windows Go to Setting $ 3,000 2,200 8,900 422,550 68,300 $504,950
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The adjusted trial balance for Rochester Electronics, Inc. on November 30 , the end of its first month of operation, is as follows: The general ledger reveals the following additional data: a. There were no beginning inventories. b. Materials purchases during the period were $33,000. c. labor cost was $18,500. Activate Windows b. Materials purchases during the period were $33,000. c. labor cost was $18,500. d. Factory overhead costs were as follows: REQUIRED: 1. Prepare a statement of cost of goods manufactured for the month of November. 2. Prepare an income statement for the month of November. (Hint: Check to be sure that your figure for Cost of Goods Sold equals the amount given in the trial balance.) 3. Prepare a balance sheet as of November 30. (Hint: Do not forget Retained Earnings.)

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