A manufacturing company reports the following information for the month of May. Note: Assume all raw...

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A manufacturing company reports the following information for the month of May. Note: Assume all raw materials were used as direct materials. Activities for May Advertising expense Raw materials purchases (all direct materials) Indirect labor Factory utilities Direct labor Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Inventories Beginning Ending Raw materials $ 15,800 $ 16,300 Work in process Finished goods 4,680 6,520 5,080 7,360 Required 1 Required 2 Complete this question by entering your answers in the tabs below. Prepare the schedule of cost of goods manufactured for May. Schedule of Cost of Goods Manufactured Activities for May $4,540 Office salaries expense 77,800 Rent expense-Office space 7,080 Rent expense-Selling space 3,680 Rent expense-Factory building 47,600 Sales salaries expense 2,480 Sales 2,580 Maintenance expense-Factory equipment 6,780 $ 4,280 2,580 6,080 14,800 35,400 267,200 4,150 A manufacturing company reports the following information for the month of May. Note: Assume all raw materials were used as direct materials. Activities for May Advertising expense Raw materials purchases (all direct materials) Indirect labor Factory utilities Direct labor Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Inventories Beginning Ending Raw materials $ 15,800 $ 16,300 Work in process Finished goods 4,680 6,520 5,080 7,360 Required 1 Required 2 Complete this question by entering your answers in the tabs below. Prepare the schedule of cost of goods manufactured for May. Schedule of Cost of Goods Manufactured Activities for May $4,540 Office salaries expense 77,800 Rent expense-Office space 7,080 Rent expense-Selling space 3,680 Rent expense-Factory building 47,600 Sales salaries expense 2,480 Sales 2,580 Maintenance expense-Factory equipment 6,780 $ 4,280 2,580 6,080 14,800 35,400 267,200 4,150

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To prepare the schedule of the cost of goods manufactured we need to summarize all the manufacturing ... View the full answer