Prepare a schedule of cost of goods manufactured

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Question - The following information was taken from the accounting records of Dunbar Mifflin Company in 2018.

 

Beginning of 2018

Ending of 2018

Direct materials inventory

135,000

83,000

Work-in-process inventory

185,000

154,000

Finished-goods inventory

255,000

216,000

Purchases of direct materials

 

270,000

Direct manufacturing labor

 

225,000

Indirect manufacturing labor

 

103,000

Plant insurance

 

11,000

Depreciation-plant, building, and equipment

 

48,000

Plant utilities

 

29,500

Repairs and maintenance-plant

 

13,500

Equipment leasing costs

 

66,800

Marketing, distribution, and customer-service costs

 

129,500

General and administrative costs

 

72,500

Required - Prepare a schedule of cost of goods manufactured.

Reference no: EM133106922

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