. DonCorporationincurredthe followingcostswhilemanufacturingitsproduct.
|
Materialsused inproduct |
130,000 |
Advertisingexpense |
49,000 |
|
|
Depreciationonplant |
65,000 |
Propertytaxesonplant |
16,000 |
|
|
Propertytaxeson administrativebuilding |
7,700 |
Deliveryexpense |
20,000 |
|
|
Laborcosts ofassembly-lineworkers |
112,000 |
Salescommissions |
31,000 |
|
|
Factorysuppliesused |
24,000 |
Salariespaidtosalesclerks |
58,000 |
Work-in-processinventorywas$23,000 atJanuary1 and$15,800 atDecember31.Finishedgoods inventorywas$67,000 atJanuary1 and$52,600 atDecember31.
Instructions
Prepareacostofgoodsmanufacturedscheduleanddeterminetheamountofcostofgoodssold.