At the end of 2014, the following information pertains to Norman Company:
|
Factory repairs |
$10,000 |
|
Factory utilities |
8,000 |
|
Factory insurance |
7,500 |
|
Factory depreciation |
6,000 |
|
Factory property taxes |
5,500 |
|
Indirect labor |
9,000 |
|
Raw Materials Inventory |
|
|
January 1 |
15,000 |
|
December 31 |
20,000 |
|
Direct labor |
25,000 |
|
work in Process Inventory |
|
|
January 1 |
32,000 |
|
December 31 |
30,000 |
|
Purchases of raw materials |
48,000 |
Instructions
Prepare a Cost of Goods Manufactured Schedule for Norman Company.