MFG		Student Name =>	__________________
		Section Number =>	__________________
-	-	-	-	-
A	B	C	D	E
-	-	-	-	-
6	Data Section:
7
8	Depreciation--equipment		$45,000
9	Direct labor		642,000
10	Direct materials inventory, 1/1		91,500
11	Direct materials inventory, 12/31		93,000
12	Factory rent		76,410
13	Finished goods, 1/1		132,000
14	Finished goods, 12/31		172,500
15	Indirect labor		37,500
16	Indirect materials		26,250
17	Purchases of direct materials		645,180
18	Work in process, 1/1		30,300
19	Work in process, 12/31		28,665
20
21	-	-	-	-
22	Answer Section:
23
24	Jackson Manufacturing
25	Schedule of Cost of Goods Manufactured and Sold
26	For the Year Ended December 31
27	-	-	-	-
28	Direct materials
29	Direct materials inventory, 1/1			$91,500
30	Add:	Purchases of Materials		FORMULA1
31				----------
32	Cost of direct materials available			$0
33	Less:	Direct Material, 12/31		FORMULA2
34				----------
35	Cost of direct materials used			FORMULA3
36	Direct labor			642,000
37	Manufacturing overhead:
38	Factory rent		$76,410
39	Depreciation - Equipment		FORMULA4
40	Indirect Labor		FORMULA5
41	Indirect Material		FORMULA6	0
42			-------	----------
43	Total manufacturing costs			FORMULA7
44	Work in process, 1/1			30,300
45				----------
46	Total work in process available			$0
47	Less:	Work in Process, 12/31		FORMULA8
48				----------
49	Cost of goods manufactured			FORMULA9
50	Finished Goods, 1/1			FORMULA10
51				----------
52	Cost of goods available for sale			FORMULA11
53	Less:	Finished goods, 12/31		172,500
54				----------
55	Cost of Goods Sold			FORMULA12
56				==========
		PLEASE HELP NEED IT DONE BY MIDNIGHT!!!!!!