The following data refer to snack maker Taquitos To Go for the year 20x1. Work-in-process inventory,...

 

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The following data refer to snack maker Taquitos To Go for the year 20x1. Work-in-process inventory, 12/31/x0 Selling and administrative salaries Insurance on factory and equipment Work-in-process inventory, 12/31/x1 Finished-goods inventory, 12/31/x0 Cash balance, 12/31/x1 Indirect material used Depreciation on factory equipment Raw-material inventory, 12/31/x0 Property taxes on factory $ 8,000 13,700 3,600 8,300 14,000 8,000 4,300 2,100 10,100 2,400 Finished-goods inventory, 12/31/1 15,300 Purchases of raw material in 20x1 39,000 Utilities for factory 6,000 Utilities for sales and administrative offices 2,300 Other selling and administrative expenses 3,600 Indirect labor cost incurred 29,000 Depreciation on factory building 3,600 Depreciation on cars used by sales personnel 1,200 Direct labor cost incurred 79,000 Raw-material inventory, 12/31/x1 11,000 Accounts receivable, 12/31/x1 4,100 Rental for warehouse space to store raw material 3,000 Rental of space for company president's office 1,600 Applied manufacturing overhead 58,000 Sales revenue Income tax expense 207,800 5,100 Required: 1. Prepare Taquitos To Go's schedule of cost of goods manufactured for 20x1. Required: 1. Prepare Taquitos To Go's schedule of cost of goods manufactured for 20x1. Direct material: TAQUITOS TO GO Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20X1 Raw-material inventory, 12/31/x0 Raw material used Direct labor Manufacturing overhead: $ 0 Total actual manufacturing overhead $ 0 Overhead applied to work in process Total manufacturing costs Subtotal Cost of goods manufactured $ 0 $ $ 0 0 0 0 The following data refer to snack maker Taquitos To Go for the year 20x1. Work-in-process inventory, 12/31/x0 Selling and administrative salaries Insurance on factory and equipment Work-in-process inventory, 12/31/x1 Finished-goods inventory, 12/31/x0 Cash balance, 12/31/x1 Indirect material used Depreciation on factory equipment Raw-material inventory, 12/31/x0 Property taxes on factory $ 8,000 13,700 3,600 8,300 14,000 8,000 4,300 2,100 10,100 2,400 Finished-goods inventory, 12/31/1 15,300 Purchases of raw material in 20x1 39,000 Utilities for factory 6,000 Utilities for sales and administrative offices 2,300 Other selling and administrative expenses 3,600 Indirect labor cost incurred 29,000 Depreciation on factory building 3,600 Depreciation on cars used by sales personnel 1,200 Direct labor cost incurred 79,000 Raw-material inventory, 12/31/x1 11,000 Accounts receivable, 12/31/x1 4,100 Rental for warehouse space to store raw material 3,000 Rental of space for company president's office 1,600 Applied manufacturing overhead 58,000 Sales revenue Income tax expense 207,800 5,100 Required: 1. Prepare Taquitos To Go's schedule of cost of goods manufactured for 20x1. Required: 1. Prepare Taquitos To Go's schedule of cost of goods manufactured for 20x1. Direct material: TAQUITOS TO GO Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20X1 Raw-material inventory, 12/31/x0 Raw material used Direct labor Manufacturing overhead: $ 0 Total actual manufacturing overhead $ 0 Overhead applied to work in process Total manufacturing costs Subtotal Cost of goods manufactured $ 0 $ $ 0 0 0 0