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Various costats for Meriwell Company for the just completed year, during which it produced 10,000 units, follow Finished goods inventory beginning Finished soods inventory. endine
Various costats for Meriwell Company for the just completed year, during which it produced 10,000 units, follow Finished goods inventory beginning Finished soods inventory. endine Depreciation factory Administrative expenses Utilities, factory Maintenance, factory Supplies, factory Insurance, factory Purchases of raw materials Raw materials inventory, beginning Raw materials inventory, ending Direct labour Indirect labour Work-in-process inventory, beginning Work-in-process inventory, ending Sales Selling expenses $ 40,000 30.000 24,000 127,000 16,000 100,000 13,000 6,600 145,000 18,000 8,000 90,000 11,000 27,000 39,000 600,000 89,000 Required: 1. Prepare a schedule of cost of goods manufactured. MERIWELL COMPANY Schedule of Cost of Goods Manufactured For the Year Just Completed Direct materials 0 Raw materials available for use
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