Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms, parks, commercial projects, and private lawns. It has a centrally located factory in a U.S. 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 metropolitan areas.

The mission of Waterways is to manufacture quality parts that can be used for effective irrigation projects that also conserve water. By that effort, the company hopes 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 inception is Wills brother, Ben, whose sprinkler designs and ideas about the installation of proper systems have been a major basis of the companys success. Ben is the vice president who oversees all aspects of design and production in the company.

The factory itself is managed by Todd Senter who hires his line managers to supervise the factory employees. The factory makes all of the parts for the irrigation systems. The purchasing department is managed by Helen Hines.

The installation and training division is overseen by vice president Henry Writer, who supervises the managers of the six local installation operations. Each of these local managers hires his or her own local service people. These service employees are trained by the home office under Henry Writers direction because of the uniqueness of the companys products.

There is a small human resources department under the direction of Sally Fenton, a vice president who handles the employee paperwork, though hiring is actually performed by the separate departments. Teresa Totter is the vice president who heads the sales and marketing area; she oversees 10 well-trained salespeople.

The accounting and finance division 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 input operators who maintain the financial records.

A partial list of Waterways accounts and their balances for the month of November as follows.

Prepare a cost of goods manufactured schedule.

Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms, parks, commercial projects, and private lawn. It has centrally located factory in a U.S. aty 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 metropolitan areas The mission of Waterways is to manufacture quality parts that can be used for effective irrigation projects that also conserve water, ty that effort, the company hopes to sately its customers, perform rapid and responsible service, and werve 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 Wim Winlunan who is the company president and chief executive officer (CEO). Working with him from the company inception is will be ther, Ben, who triker designs and ideas about the installation of proper systems have been a major basis of the company succes en is the vice president who oversees all aspects of design and production in the company The factory is managed by Todd Senter who is his in managers to supervis the factory employees. The factory makes or the parts for the motion systems. The purchasing department is managed by Helen Hines The installation and training division is overseen by vice president Henry Writer, who supervises the managers of the six local installation operations. Each of these local manager nines is or her own local service people. These service employees are trained by the home office under Henry Writer's direction because of the uniqueness of the company's products, There is a small human resources department under the direction of Sally Fenton, a vicepresident who had the employee paperwork, though hiring is actually performed by the separate departments. Teresa Totter is the vice president who heads the sales and marketing and she oversees 10 well-trained salespeople The accounting and finance division 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 out tirs who maintain the financial record A partial list of Waterways accounts and their balances for the month of November follows Accounts Receivable 5273,400 Advertising Expenses 54,400 Cash 262,200 Depreciation-Factory Equipment 16,700 2.500 oment A partial list of Waterways' accounts and their balances for the month of November follows. Accounts Receivable Advertising Expenses Cash Depreciation-Factory Equipment Depreciation-office Equipment Direct Labor Factory Supplies Used Factory Utilities Finished Goods Inventory, November 30 Finished Goods Inventory, October 31 Indirect labor Office Supplies Expense Other Administrative Expenses Prepaid Expenses Raw Materials Inventory, November 30 Raw Materials Inventory, October 31 Raw Materials Purchases Rent-Factory Equipment Repairs --Factory Equipment Salaries $273,400 54,400 262,200 16,700 2,500 42,400 16,900 10,300 68,600 72,700 47,600 1,500 72,200 41,500 52,500 38,300 183,400 47,300 4,500 325,800 1,339,600 40,700 53,300 42,300 Sales Revenue Sales Commissions Work In Process Inventory October 31 Work In Process Inventory, November 30 CALCULATOS A list of accounts and their values are given above. From this information, prepare a cost of goods manufactured schedule. WATERWAYS CORPORATION Cost of Goods Manufactured Schedule