Question
The following information relates to Betty's Manufacturing for 2013: Raw materials used $ 9,000 Direct labor wages 29,000 Sales salaries and commissions 24,000 Depreciation on
The following information relates to Betty's Manufacturing for 2013:
| Raw materials used | $ | 9,000 |
| Direct labor wages | 29,000 | |
| Sales salaries and commissions | 24,000 | |
| Depreciation on production equipment | 1,900 | |
| Rent on manufacturing facilities | 14,000 | |
| Packaging and shipping supplies | 2,900 | |
| Sales revenue | 171,000 | |
| Units produced and sold | 9,000 | |
| Selling price per unit | $ | 19.00 |
Based on this information, what is the company's cost of goods sold for 2013? (Do not round intermediate calculations.)
$80,800
$40,900
$130,100
$56,800
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Auditing For Managers The Ultimate Risk Management Tool
Authors: K. H. Spencer Pickett, Jennifer M. Pickett
1st Edition
0470090987, 978-0470090985
