Only typed solution 2-The following cost data for the month of May were taken from the records of the Terrence ManufacturingCompany:Depreciation on factory equipmentDepreciation on sales officeAdvertisingWages of production workersRaw materials usedSales salaries and commissionsFactory rentFactory insuranceMaterials handlingAdministrative salariesPurchases$1,000Beginning inventoryEnding inventoryFreight-in500Freight-out7,00028,00047,00010,0002,000500Based upon this information, the manufacturing cost incurred during the month was:1,5003-Tulsa Company, (a merchandising Co.) has the following data pertaining to the year ended December 31, 2016:2,000$450.000170.000210.00050.00075.000What is the cost of goods sold for the year?

SCHEDULE OF COST OF GOODS MANUFACTUREDSchedule Of Cost Of Goods Manufactured are those Cost Which is…

2-The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: Depreciation on factory equipment Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries $1,000 Purchases 500 Beginning inventory Ending inventory Freight-in Freight-out 7,000 28,000 47,000 10,000 2,000 500 1,500 Based upon this information, the manufacturing cost incurred during the month was: 2,000 3-Tulsa Company, (a merchandising Co.) has the following data pertaining to the year ended December 31, 2016: $450,000 170.000 210.000 50.000 75.000 What is the cost of goods sold for the year?