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Compute the cost of goods manufactured schedule

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Reference no: EM132568310

Question - The following information is available for Favre Corporation for 2020:

Indirect materials $10,000

Depreciation on factory equipment 25,000

Salary of store supervisor 47,500

Labor costs of assembly line workers 300,000

Labor costs of quality inspectors 87,000

Salary of sales personnel 45,000

Property taxes on factory 18,000

Salary of factory manager 75,000

Direct materials 250,000

Work in process inventory, Jan 1 15,000

Work in process inventory, Dec 31 45,000

Required - Compute the cost of goods manufactured schedule?

Reference no: EM132568310

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