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Xi Manufacturing shared the following expenses for the year: Raw material purchases: $5,100,000 Direct labor: $2,300,000 Indirect labor - factory: $910,000 Factory repairs: $280,000 Factory

Xi Manufacturing shared the following expenses for the year:

Raw material purchases: $5,100,000

Direct labor: $2,300,000

Indirect labor - factory: $910,000

Factory repairs: $280,000

Factory utilities: $340,000

Factory rent: $270,000

Depreciation - factory equipment: $210,000

Depreciation - office equipment: $90,000

Office supplies: $75,000

Sales commissions: $410,000

Advertising expense: $350,000

Administrative salaries: $690,000

Inventory data:


Beginning

Ending

Raw Materials

$430,000

$500,000

Work in process

$470,000

$440,000

Finished goods

$560,000

$720,000

Requirements:

Calculate the total factory overhead.

Determine the cost of raw materials used.

Compute the total manufacturing costs.

Calculate the cost of goods manufactured.

Determine the cost of goods sold.

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