The following amounts are available for Bishop Manufacturing Company: Administrative salaries (non-factory) Administrative rent (non-factory) Advertising and

The following amounts are available for Bishop Manufacturing Company:  

 

 

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Administrative salaries (non-factory) Administrative rent (non-factory) Advertising and promotion expense. Depreciation-administrative Depreciation factory.. Depreciation-selling.. Direct labor.... Factory rent Factory supplies used.. .... Finished goods inventory (January 1) Finished goods inventory (December 31). Indirect materials used.... Indirect labor..... Materials inventory (January 1) Materials inventory (December 31)... Net delivered cost of materials purchased. Other factory overhead.... Sales.... Sales salaries expense.. Work-in-process inventory (January 1). Work-in-process inventory (December 31). Required Using the above data, prepare a schedule of cost of goods manufactured and sold. $ 85,000 47,000 93,000 77,000 95,000 36,000 325,000 68,000 23,000 61,000 65,000 27,000 44,000 22,000 27,000 210,000 55,000 938,000 71,000 33,000 25,000 Administrative salaries (non-factory) Administrative rent (non-factory) Advertising and promotion expense. Depreciation-administrative Depreciation factory.. Depreciation-selling.. Direct labor.... Factory rent Factory supplies used.. .... Finished goods inventory (January 1) Finished goods inventory (December 31). Indirect materials used.... Indirect labor..... Materials inventory (January 1) Materials inventory (December 31)... Net delivered cost of materials purchased. Other factory overhead.... Sales.... Sales salaries expense.. Work-in-process inventory (January 1). Work-in-process inventory (December 31). Required Using the above data, prepare a schedule of cost of goods manufactured and sold. $ 85,000 47,000 93,000 77,000 95,000 36,000 325,000 68,000 23,000 61,000 65,000 27,000 44,000 22,000 27,000 210,000 55,000 938,000 71,000 33,000 25,000

Answer rating: 100% (QA)

The cost of goods manufactured can be calculated by adding the prime costs manufacturing overheads a... View the full answer