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DonCorporation_costofgoodsmanufacturedschedule

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Question. 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;at;December31.Finishedgoods inventorywas$67,000 atJanuary1 and$52,600 atDecember31.;Instructions;Prepareacostofgoodsmanufacturedscheduleanddeterminetheamountofcostofgoodssold.

 

Paper#44598 | Written in 18-Jul-2015

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