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-   -   Compute cost of goods manufactured (https://www.askmehelpdesk.com/showthread.php?t=683662)

  • Jul 16, 2012, 09:20 PM
    leonorh35
    Compute cost of goods manufactured
    I have been trying to figure out this problem. Can anyone help me?

    Materials used in product 103,000
    Depreciation on plant 66,000
    Property taxes on store 8,200
    Labor costs of assembly-line workers 115,000
    Factory supplies used 26,000
    Advertising expense 56,000
    Property taxes on plant 17,000
    Delivery expense 24,000
    Sales commission 40,000
    Salaries paid to sales clerks 53,000
    Work-in-process inventory beginning 13,200
    Work-in-process inventory end 17,400
    Finished goods inventory beginning 6
    Finished goods inventory end 59,100


    (a)Compute cost of goods manufactured.
    (b)Compute cot of goods sold.

    Can someone help
  • Jul 16, 2012, 09:22 PM
    paraclete
    What help do you want, we won't do the work for you, just follow first principles

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