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The following information was taken from the accounting records of Dunbar Mifflin Company in 2018. Beginning of 2018 Ending of 2018 Direct materials inventory 135,000

The following information was taken from the accounting records of Dunbar Mifflin Company in 2018.

Beginning of 2018

Ending of 2018

Direct materials inventory

135,000

83,000

Work-in-process inventory

185,000

154,000

Finished-goods inventory

255,000

216,000

Purchases of direct materials

270,000

Direct manufacturing labor

225,000

Indirect manufacturing labor

103,000

Plant insurance

11,000

Depreciation-plant, building, and equipment

48,000

Plant utilities

29,500

Repairs and maintenance-plant

13,500

Equipment leasing costs

66,800

Marketing, distribution, and customer-service costs

129,500

General and administrative costs

72,500

Required:

1) Prepare a schedule of cost of goods manufactured.

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