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Kingbird Corporation incurred the following costs during 2022. Direct materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used (a) $148.800 74,400 Compute cost of goods manufactured, 9,300 136,400 29,400 Advertising expense Property taxes on factory Delivery expense Sales commissions Salaries paid to sales clerks $55,800 17,800 25,600 43,400 Work in process inventory was $15,100 at January 1 and $19,000 at December 31. Finished goods inventory was $74,400 at January 1 and $56.300 at December 31. 62,000

Kingbird Corporation incurred the following costs during 2022. Direct materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used (a) $148.800 74,400 Compute cost of goods manufactured, 9,300 136,400 29,400 Advertising expense Property taxes on factory Delivery expense Sales commissions Salaries paid to sales clerks $55,800 17,800 25,600 43,400 Work in process inventory was $15,100 at January 1 and $19,000 at December 31. Finished goods inventory was $74,400 at January 1 and $56.300 at December 31. 62,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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View Policies Current Attempt in Progress Kingbird Corporation incurred the following costs during 2022. Direct materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used (a) Compute cost of goods manufactured. $148,800 Cost of goods manufactured i 74,400 9,300 136.400 29,400 Advertising expense Property taxes on factory Delivery expense Sales commissions Salaries paid to sales clerks $55,800 Work in process inventory was $15,100 at January 1 and $19,000 at December 31. Finished goods inventory was $74,400 at January 1 and $56.300 at December 31. 17,800 25,600 43,400 62,000
Transcribed Image Text:View Policies Current Attempt in Progress Kingbird Corporation incurred the following costs during 2022. Direct materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used (a) Compute cost of goods manufactured. $148,800 Cost of goods manufactured i 74,400 9,300 136.400 29,400 Advertising expense Property taxes on factory Delivery expense Sales commissions Salaries paid to sales clerks $55,800 Work in process inventory was $15,100 at January 1 and $19,000 at December 31. Finished goods inventory was $74,400 at January 1 and $56.300 at December 31. 17,800 25,600 43,400 62,000
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