Question

An analysis of the accounts of Jennings Manufacturing reveals the following data for the month ended March 31, 201X:


Costs Incurred:
Raw materials purchased $134,000; direct labor, $132,000; manufacturing overhead, $50,600. These specific overheads included indirect labor, $19,200; factory insurance, $8,800; depreciation on machinery, $9,000; machinery repairs, $4,500; factory utilities, $5,800; and miscellaneous factory costs, $3,300.

Instructions:
Prepare a cost of goods manufacturedstatement.


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  • CreatedApril 24, 2014
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