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The following are account balances relating to 2019 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured
The following are account balances relating to 2019 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured and the cost of goods sold. Account Balances ...... For the Year Ended December 31, 2019 (in thousands) Indirect manufacturing costs: Property tax on plant building Marketing, distribution, and customer-service costs Finished goods inventory, January 1, 2019 Plant utilities Work-in-process inventory, December 31, 2019 Depreciation of plant building General and administrative costs (nonplant) Direct materials used Finished goods inventory, December 31, 2019 Depreciation of plant equipment Plant repairs and maintenance Work-in-process inventory, January 1, 2019 Direct manufacturing labour Indirect manufacturing labour Indirect materials used Miscellaneous plant overhead $3,500 44,400 32,400 20,650 31,550 10,300 51,600 104,700 40,100 13,250 19,100 23,800 40,700 27,600 12,900 5,300 Manufacturing costs incurred during 2019 Print Done Cost of goods manufactured
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