Solution-Calculate cost of goods manufactured

Calculate cost of goods manufactured

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Reference no: EM13496517

Calculate Cost of Goods Manufactured and prepare a schedule to support your calculations based upon the following information for Example Manufacturing, Inc. for January 2012. (See slide 13 of S-V for an example of a schedule):

Depreciation on retail store equipment	$ 2500
Depreciation on factory equipment	4,000
Direct labor used	58,000
Direct materials used	40,000
Factory maintenance	4,800
Finished goods balance, January 1	1,600
Finished goods balance, January 31	1,400
Indirect materials used	1,600
President's salary	8,000
Rent on the factory building	1,200
Sales commissions	3,200
Utilities for factory activities	550
Work in Process balance January 1	5,000
Work in Process balance January 31	4,600

Reference no: EM13496517

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Calculate cost of goods manufactured

Reference no: EM13496517

Reference no: EM13496517

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