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?