Reference no: EM132574988
The month was 3,400 hours at $8.75 per hour, Radio also incurred the following overhead costs:
utilities $5,870,
supervision $16,600;
indirect material, $6,750;
depreciation $6,200;
insurance $1,830;
miscellaneous $1,100
Beginning inventory accounts were as follows:
Material Inventory $48,600;
Work in Process Inventory $54,250; and
Finished Goods Inventory $38,500.
Ending inventory accounts were as follows:
Material Inventory $50,100;
Work In Progress Inventory $48,400; and
Finished Goods Inventory $37,450.
Question 1: From the information given, prepare statement of cost of goods manufactured.