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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 135,000 83,000 185,000
The following information was taken from the accounting records of Dunbar Mifflin Company in 2018. Beginning of 2018 Ending of 2018 135,000 83,000 185,000 154,000 Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor 255,000 216,000 270,000 225,000 103,000 Indirect manufacturing labor 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 General and administrative costs 129,500 72,500 Required: 1. Prepare a schedule of cost of goods manufactured.
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