MFG Student Name mo Section Namber = Data Section: Depreciation--equipment Direct laber Direct materials inventery, 1/1 Direct materials inventery, 12/31 Factery rent Finished goods, 1/1 Finished goods, 12/31 Indirect labor Indirect materials Purchases of direct materials Work in process, 1/1 Work in process, 12/31 $45,000 642,000 91.500 93.000 76,410 132,000 172.500 37,500 26,250 645,180 30,300 28,665 Answer Section: Jackson Manufacturing Schedule of Cost of Goeds Manufactured and Sold For the Year Ended December 31 Work in process, 1/1 30,300 Direct materials Direct materials inventory, 1/1 Add: Purchases of Materials Cost of direct materials available Less: Direct Material, 12/31 Cost of direct materials used Direct laber Masufacturing everbead: Factory reat Depreciation - Equipment Indireet Laber Indirect Material Total manufacturing cests incurred Total manufacturing costs Less: Work in Process, 12/31 Cost of goods manufactured Finished Goeds, 1/1 Cost of goods available for sale Less: Finished goods, 12/31 Cost of Geods Sold FORMULA3 642,000 $76,410 FORMULA4 FORMULAS FORMULA6 FORMULA7 So FORMULAR FORMULA9 FORMULA10 FORMULAII 172,500 FORMULA12