The following information was taken from the accounting records of Dunbar Mifflin Company in 2018. Beginning of
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Question:
The following information was taken from the accounting records of Dunbar Mifflin Company in 2018.
Beginning of 2018Ending of 2018
Direct materials inventory135,00083,000
Work-in-process inventory185,000154,000
Finished-goods inventory255,000216,000
Purchases of direct materials270,000
Direct manufacturing labor225,000
Indirect manufacturing labor103,000
Plant insurance11,000
Depreciation-plant, building, and equipment48,000
Plant utilities29,500
Repairs and maintenance-plant13,500
Equipment leasing costs66,800
Marketing, distribution, and customer-service costs129,500
General and administrative costs72,500
- make a schedule of cost of goods manufactured.
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