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The Mason Manufacturing Company had the following data in its ledger for the six months ended December 31, 1986. 74,578 Raw materials purchased Factory supplies
The Mason Manufacturing Company had the following data in its ledger for the six months ended December 31, 1986. 74,578 Raw materials purchased Factory supplies used Direct labor 2,626 69,477 Indirect labor 3,800 2,200 Power, heat and light Depreciation, machinery Depreciation, office building 2,800 1,300 Inventories: Finished goods, June 30: P 63,000, December 31: P 73,000 Work-in-process, June 30: P 12,000, December 31: P 18,000 Raw materials, June 30 P 57,000, December 31: P 17,000 What is Cost of Goods Sold? Please answer in whole number. Put comma as necessary. No need to add ".00" at the end. No need to add the currency
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