M Question 2 - Week 3 - Chapter 3 Homework - Connect X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%252F%252Fconnect.... . . a Amazon.com - Onli.. B. Booking.com McAfee Security Bookmarks @ Home ) Suggested Sites W WildTangent Games Imported From IE ) Toshiba > Other favorites Q Week 3 - Chapter 3 Homework Saved Help Save & Exit Submit Check my work a 2 Cornelius Company produces women's clothing. During the year, the company incurred the following costs: Factory rent $ 380,000 3 Direct labor 300, 000 Utilities-factory 38,900 points Purchases of direct materials 555,006 Indirect materials 66,000 o Indirect labor 60,000 eBook M Inventories for the year were as follows: Print + References January 1 December 31 Materials $ 25, 000 $ 40,900 Work-in-Process 45, 090 40,006 Finished Goods 135, 090 75,000 Required: 1&2. Prepare a statement of cost of goods manufactured and calculate cost of goods sold. OBBOB Cornelius Company Statement of Cost of Goods Manufactured For the Year Ended December 31 + Direct materials ar nnal Mc Graw Hill 81 F 9:56 AM Q Search Sunny A 7/20/2024M Question 2 - Week 3 - Chapter 3 Homework - Connect X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%252F%252Fconnect.. . . a Amazon.com - Onli... B. Booking.com McAfee Security Bookmarks @ Home > Suggested Sites W WildTangent Games Imported From IE ) Toshiba > Other favorites Q Week 3 - Chapter 3 Homework i Saved Help Save & Exit Submit Check my work Direct materials a 2 Beginning materials inventory $ 25,000 Materials purchases 555,000 3 Materials available 580,000 points Less: Ending materials inventory 40,000 Materials used $ 540,000 o Direct labor 800,000 eBook M Factory overhead Print + Indirect materials $ 66,000 References Indirect labor 60,000 Factory rent 380,000 Utilities-factory 38.000 Materials purchases Total factory overhead OBBOB Total manufacturing costs Add: Beginning work-in-process inventory Total manufacturing costs to account for Less: Beginning work-in-process inventory + Ending finished goods inventory Mc Graw Hill 81 F 9:58 AM Q Search T 7/20/2024 SunnyM Question 2 - Week 3 - Chapter 3 Homework - Connect X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%252F%252Fconnect... . . a Amazon.com - Onli... B. Booking.com McAfee Security Bookmarks @ Home > Suggested Sites W WildTangent Games Imported From IE ) Toshiba > Other favorites Q Week 3 - Chapter 3 Homework Saved Help Save & Exit Submit Check my work Vunues-factory 30, UUV a 2 Materials purchases Total factory overhead Total manufacturing costs 3 Add: Beginning work-in-process inventory points Total manufacturing costs to account for o Less: Beginning work-in-process inventory eBook M Ending finished goods inventory Print + Cost of goods sold References Beginning finished goods inventory Cost of goods manufactured Cost of goods available for sale Ending finished goods inventory OBBOB Cost of goods sold + Mc Graw Hill 81 F 9:58 AM Q Search PRE Sunny 7/20/2024