this is whole one question it has 2 mote parts
Waterways Corporation is a private corporation formed foc the purpose of providing the products and the services needed to irnigate farms, parks, commercial projects, and private lawns. it has a centrally located factory in a U.5, city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that performs installation and warranty servicing in six metropolitanareas. The mission of Waterways is t manufacture quality parts that can be used for effective irrigation projects that also conserve water. By that effort, the company bopes to satisfy its customers, perform rapid and responsible service, and serve the community and the employees who represent them in each community. The company has been growing rapidly, so management is considering new ideas to help the company continue its growth and maintain the high quality of its products. Waterways was founded by Will Winkman who is the company president and chief executive officer (CEO). Working with him from the companys s inception is Wil's brother, Ben, whose sprinkler designs and ideas about the installation of proper systems have been al major basis of the compary's success. Ben is the vice president who oversees all aspects of design and production in the company. The factory itself is manaped by Todd Senter who hices his line manogers to supervise the factory employes. The factory makes all of the parts for the irrigation switems. The purchasing department is managed by Helen Hines. The installation and training division is overseen by vice president Henry Writer, who supervises the mansgers of the six local installation operations. Each of these local managers hires his or her own local service people. These service emplovees are trained by the home office under Hevry Writer's direction because of the uniqueness of the company's products. There is a small human resources department under the direction of Sally Fentonv a vice president who handles the employee paperwork, though hiring is actually performed by the separate departments. Teresa Totter is the vice president who hesds the sales and marketing area she oversees 10 well-trained salespeople. The accounting and finance diviston of the company is headed by Ann Headman, who is the chief financial officer (CFO) and a company vice president; she is a member of the Institute of Management Accountants and holds a certificate in management accounting She has a small staff of accountants, including a controller and a treasurer, and a staff of accounting inpuit operators who maintain the A partial list of Waterways' accounts and their balances for the month of November follows. Alist of accounts and their values are given above. From this information, prepare a cost of goods manufactured schedule for Waterways Corporation for the month of November, 2022. (Assume that all raw materials used were direct materiais.) Office Supplies Expense 1.600 Other Administrative Expenses 71,300 Prepaid Expenses 41,000 Raw Materils Inventory, Noyember 30 52,500 Raw Materials Inventory, October 31 38,100 Raw Materials Purchases 184,700 Rent-Factory Equipment 47,400 Repairs-Factory Equipment 4,600 Office Salaries 328,200 Sales Revenue 1,358,600 Sales Commissions 40,300 Work In Process Inventory October 31 53,100 Work In Process Inventory. November 30 42,200 Waterways Corporation is a private corporation formed foc the purpose of providing the products and the services needed to irnigate farms, parks, commercial projects, and private lawns. it has a centrally located factory in a U.5, city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that performs installation and warranty servicing in six metropolitanareas. The mission of Waterways is t manufacture quality parts that can be used for effective irrigation projects that also conserve water. By that effort, the company bopes to satisfy its customers, perform rapid and responsible service, and serve the community and the employees who represent them in each community. The company has been growing rapidly, so management is considering new ideas to help the company continue its growth and maintain the high quality of its products. Waterways was founded by Will Winkman who is the company president and chief executive officer (CEO). Working with him from the companys s inception is Wil's brother, Ben, whose sprinkler designs and ideas about the installation of proper systems have been al major basis of the compary's success. Ben is the vice president who oversees all aspects of design and production in the company. The factory itself is manaped by Todd Senter who hices his line manogers to supervise the factory employes. The factory makes all of the parts for the irrigation switems. The purchasing department is managed by Helen Hines. The installation and training division is overseen by vice president Henry Writer, who supervises the mansgers of the six local installation operations. Each of these local managers hires his or her own local service people. These service emplovees are trained by the home office under Hevry Writer's direction because of the uniqueness of the company's products. There is a small human resources department under the direction of Sally Fentonv a vice president who handles the employee paperwork, though hiring is actually performed by the separate departments. Teresa Totter is the vice president who hesds the sales and marketing area she oversees 10 well-trained salespeople. The accounting and finance diviston of the company is headed by Ann Headman, who is the chief financial officer (CFO) and a company vice president; she is a member of the Institute of Management Accountants and holds a certificate in management accounting She has a small staff of accountants, including a controller and a treasurer, and a staff of accounting inpuit operators who maintain the A partial list of Waterways' accounts and their balances for the month of November follows. Alist of accounts and their values are given above. From this information, prepare a cost of goods manufactured schedule for Waterways Corporation for the month of November, 2022. (Assume that all raw materials used were direct materiais.) Office Supplies Expense 1.600 Other Administrative Expenses 71,300 Prepaid Expenses 41,000 Raw Materils Inventory, Noyember 30 52,500 Raw Materials Inventory, October 31 38,100 Raw Materials Purchases 184,700 Rent-Factory Equipment 47,400 Repairs-Factory Equipment 4,600 Office Salaries 328,200 Sales Revenue 1,358,600 Sales Commissions 40,300 Work In Process Inventory October 31 53,100 Work In Process Inventory. November 30 42,200
