Solution-What is cost of goods manufactured schedule

What is cost of goods manufactured schedule

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Reference no: EM132561991

Bonita Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Bonita's CFO, has presented you with the following cost information:

Direct Materials Inventory, beginning $88,000

Direct Materials Inventory, ending $127,000

Work in Process Inventory, beginning $147,000

Work in Process Inventory, ending $97,500

Direct labor $787,000

Direct materials purchases $982,000

Insurance, factory $57,600

Depreciation, factory $20,800

Depreciation, executive offices $15,500

Indirect labor $214,000

Utilities, factory $19,500

Utilities, executive offices $8,700

Property taxes, factory $16,000

Property taxes, executive offices $12,900

Question 1: What is cost of goods manufactured schedule for Mr. Clemens?

Reference no: EM132561991

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What is cost of goods manufactured schedule

Reference no: EM132561991

Reference no: EM132561991

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