Problem Set A p. 59 P2-1A. Schedule of Cost of Goods Manufactured and Sold The Following amounts are available for 2019 for Bourne Manufacturing Company: Administrative salaries (non-factory).. Administrative rent (non-factory).. Advertising and promotion expense.. Depreciation-administrative..... Depreciation-factory.... Depreciation-selling. Direct labor.... Factory rent... Factory supplies used.. Finished goods inventory (January 1).. Finished goods Inventory (December 31).. Indirect materials used.... Indirect labor........ Materials inventory (January 1).. Materials inventory (December 31). Net delivered cost of materials purchased.. Other factory overhead... Sales.... Sales Salaries expense.. Work-in-process inventory (January 1)..... Work-in-process inventory (December 31)... Required Using the above data, prepare a schedule of cost of goods manufactured and sold. $70,000 .35,000 .41,000 .22,000 30,000 17,000 175,000 18,000 12,000 ..57,000 .50,000 ..14,000 ...19,000 15,000 20,000 ..138,000 26,000 ..845,000 72,000 18,000 .20,000

Problem Set A p. 59 P2-1A. Schedule of Cost of Goods Manufactured and Sold The Following amounts are available for 2019 for Bourne Manufacturing Company: Administrative salaries (non-factory).. Administrative rent (non-factory).. Advertising and promotion expense.. Depreciation-administrative..... Depreciation-factory.... Depreciation-selling. Direct labor.... Factory rent... Factory supplies used.. Finished goods inventory (January 1).. Finished goods Inventory (December 31).. Indirect materials used.... Indirect labor........ Materials inventory (January 1).. Materials inventory (December 31). Net delivered cost of materials purchased.. Other factory overhead... Sales.... Sales Salaries expense.. Work-in-process inventory (January 1)..... Work-in-process inventory (December 31)... Required Using the above data, prepare a schedule of cost of goods manufactured and sold. $70,000 .35,000 .41,000 .22,000 30,000 17,000 175,000 18,000 12,000 ..57,000 .50,000 ..14,000 ...19,000 15,000 20,000 ..138,000 26,000 ..845,000 72,000 18,000 .20,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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