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Determine the total manufacturing costs incurred

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Question 1 - Baltimore Manufacturing Company just completed its year ended December 31, 2019. Depreciation for the year amounted to $300,000: 20% relates to sales, 20% relates to administrative facilities, and the remainder relates to the factory. Of the total units produced during FY 2019: 75% 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.

Question 2 - Baltimore Manufacturing had a Work in Process balance of $99,000 on January 1, 2018. The year end balance of Work in Process was $58,000 and the Cost of Goods Manufactured was $710,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018.

Reference no: EM132653569

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