Solution-Determine the dollar amount of the total

Determine the dollar amount of the total depreciation

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Reference no: EM132520676

Problem 1: Baltimore Manufacturing Company just completed its year ended December 31, 2019. Depreciation for the year amounted to $220,000: 20% relates to sales, 20% relates to administrative facilities, and the remainder relates to the factory. Of the total units produced during FY 2019: 85% were sold in 2019 and the rest remained in finished good inventory. Use this information to determine the dollar amount of the total depreciation that will be contained in Cost of Goods Sold. (Round dollar values & enter as whole dollars only.)

Problem 2: Baltimore Manufacturing had a Work in Process balance of $105,000 on January 1, 2018. The year end balance of Work in Process was $99,000 and the Cost of Goods Manufactured was $770,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018. (Round dollar values & enter as whole dollars only.)

Reference no: EM132520676

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Determine the dollar amount of the total depreciation

Reference no: EM132520676

Reference no: EM132520676

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