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