A manufacturer reports the information below for the year ended December 31. Note: Assume all raw...

 

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A manufacturer reports the information below for the year ended December 31. Note: Assume all raw materials were used as direct materials. Inventories Raw materials Work in process Finished goods Beginning Ending $.9,600 $ 11,500 12,500 16,300 15,000 19,600 Activities for the year Sales Raw materials purchased Direct labor Indirect labor $ 230,000 44,200 53,000 8,000 6,400 12,800 Repairs-Factory machines. Factory rent cost Selling expenses 20,500 General and administrative expenses. 32,800 Prepare a schedule of cost of goods manufactured for the year ended December 31. A manufacturer reports the information below for the year ended December 31. Note: Assume all raw materials were used as direct materials. Inventories Raw materials Work in process Finished goods Beginning Ending $.9,600 $ 11,500 12,500 16,300 15,000 19,600 Activities for the year Sales Raw materials purchased Direct labor Indirect labor $ 230,000 44,200 53,000 8,000 6,400 12,800 Repairs-Factory machines. Factory rent cost Selling expenses 20,500 General and administrative expenses. 32,800 Prepare a schedule of cost of goods manufactured for the year ended December 31.

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