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The following information is available for Shanika Company for 20Y6: Inventories Materials Work in process Finished goods Advertising expense Depreciation expense-office equipment Depreciation expense-factory
The following information is available for Shanika Company for 20Y6: Inventories Materials Work in process Finished goods Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Property taxes-factory Property taxes-headquarters building Rent expense-factory Sales Sales salaries expense Supplies-factory Miscellaneous costs-factory Required: January 1 December 31 $289,710 $353,450 521,480 480,690 501,200 491,300 $239,990 33,930 45,600 544,310 18,030 63,620 533,710 13 186,270 14,840 30,750 25,090 2,498,890 306,790 12,370 7,780
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