DonCorporation_costofgoodsmanufacturedschedule

DonCorporation_costofgoodsmanufacturedschedule

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.

 

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