Prepare the 2011 manufacturing statement for Carmichael Company using the following information.
|
Direct materials |
$192,500 |
|
Direct labor |
65,150 |
|
Factory overhead costs |
26,000 |
|
Goods in process, Dec. 31, 2010 |
159,600 |
|
Goods in process, Dec. 31, 2011 |
144,750 |