The following are account balances relating to 2022 (in thousands). (Click the icon to view the...
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The following are account balances relating to 2022 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured and the cost of goods sold. Calculate the cost of goods manufactured by completing the schedule. Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2022 (in thousands) Indirect manufacturing costs: K The following are account balances relating to 2022 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured and the cost of goods sold. Manufacturing costs incurred during 2022 Cost of goods manufactured Account Balances Property tax on plant building $3,800 Marketing, distribution, and customer-service costs 44,300 Finished goods inventory, January 1 32,250 Plant utilities 20,650 Work-in-process inventory, December 31 31,350 Depreciation of plant building 10,600 General and administrative costs (nonplant) 51,600 Direct materials used 103,800 Finished goods inventory, December 31 40,200 Depreciation of plant equipment 13,350 Plant repairs and maintenance 19,300 Work-in-process inventory, January 1 23,700 Direct manufacturing labour 40,100 Indirect manufacturing labour 27,300 Indirect materials used 13,000 Miscellaneous plant overhead 5,400 Print Done - X que The following are account balances relating to 2022 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured and the cost of goods sold. Calculate the cost of goods manufactured by completing the schedule. Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2022 (in thousands) Indirect manufacturing costs: K The following are account balances relating to 2022 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured and the cost of goods sold. Manufacturing costs incurred during 2022 Cost of goods manufactured Account Balances Property tax on plant building $3,800 Marketing, distribution, and customer-service costs 44,300 Finished goods inventory, January 1 32,250 Plant utilities 20,650 Work-in-process inventory, December 31 31,350 Depreciation of plant building 10,600 General and administrative costs (nonplant) 51,600 Direct materials used 103,800 Finished goods inventory, December 31 40,200 Depreciation of plant equipment 13,350 Plant repairs and maintenance 19,300 Work-in-process inventory, January 1 23,700 Direct manufacturing labour 40,100 Indirect manufacturing labour 27,300 Indirect materials used 13,000 Miscellaneous plant overhead 5,400 Print Done - X que
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