The following calendar-year information is taken from the December 31, 2013, adjusted trial balance and other records of Dahlia Company.

Required
1. Each team member is to be responsible for computing one of the following amounts. You are not to duplicate your teammates' work. Get any necessary amounts from teammates. Each member is to explain the computation to the team in preparation for reporting to class.
a. Materials used.
b. Factory overhead
c. Total manufacturing costs.
d. Total cost of goods in process.
e. Cost of goods manufactured.
2. Check your cost of goods manufactured with the instructor. If it is correct, proceed to part (3).
3. Each team member is to be responsible for computing one of the following amounts. You are not to duplicate your teammates' work. Get any necessary amounts from teammates. Each member is to explain the computation to the team in preparation for reporting to class.
a. Net sales.
b. Cost of goods sold.
c. Gross profit.
d. Total operating expenses.
e. Net income or loss before taxes.

Transcribed Image Text:

Advertising expense 19,125 8,750 10,000 32,500 122,500 . 15,750 36,250 Direct labor.... Indirect labor... Miscellaneous production costs Office salaries expense $ 650,750 100,875 872,500 21,125 25,750 79,750 27,875 Raw materials purchases. . . . Factory supplies used Rent expens Rent expense-Selling space Rent expense-Factory building.. e-Office space Raw materials, December 31, 2012 . ···· Raw materials, December 31,2013.. Goods in process, December 31,2012 .. .177,500 . 68,125 . 15,875 14,000 164,375 129,000 Sales discounts Sales salaries expense 57,500 286,250 in process, December 31,2013...