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WBihman Date: Problem 1 & Inrormation is provided for Marrakesh Corporation for the month ended January 31, 2020. Depreciation - office 44,600 Insurance - factory
WBihman Date: Problem 1 & Inrormation is provided for Marrakesh Corporation for the month ended January 31, 2020. Depreciation - office 44,600 Insurance - factory 39,000 Direct labor 159,800 Utilities - plant 31,600 Direct materials purchased 262,100 Utilities - office 28,100 Sales revenue 1,060,500 Office salaries expense 115,800 Indirect labor 51,700 Sales commission expense 104,200 Miscellaneous - factory 42,400 Depreciation - plant 51,900 Supervision of plant employees 121,600 Insurance - office 19,000 Direct Materials inventory Work in Process inventory Finished Goods inventory Beginning 28,700 79,300 40,900 Ending 41,900 71,500 52,800 REQUIRED: A. Prepare a statement of cost of goods manufactured for January. B. Prepare an income statement for January. Problem 2 Safi Manufacturing produces small motor components. Selected data for the company follows. Estimated manufacturing overhead costs for November $22,800 3 500 h
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