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Weatherguard manufactures mailboxes (10 points). The following data represent transactions and balances for December; the companys first month of operations. Cost Amount Beginning Raw materials
- Weatherguard manufactures mailboxes (10 points). The following data represent transactions and balances for December; the companys first month of operations.
Cost | Amount |
Beginning Raw materials | $50,000 |
Purchased direct materials on account | $248,000 |
Ending Raw Materials | $35,000 |
Beginning Work-in-process | $60,000 |
Ending Work-in-process | $50,000 |
Beginning Finished Goods | $2,000 |
Ending Finished Goods | $10,000 |
Salaries Expense Factory Supervision | $200,000 |
Direct Labor | $300,000 |
Salaries Expense Office | $500,235 |
Utilities Expense Factory | $40,000 |
Depreciation Expense Office | $80,000 |
Depreciation Expense Factory | $100,000 |
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Thanks! :)
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