Selected data from Design Corporation for 2016 is as follows: beginning ending raw materials 34,000 40,000 work in progress 135,000 150,000 finished goods 110,000 102,000 other information: plant janitorial services 8,000 admin. expenses 121,230 raw materials purchased 41,000 depreciation-plant equipment 32,500 insurance on plant 11,500 deprecation expense on truck 18,250 direct manufacturing wages 144,000 sales revenue 575,000 plant utilities 28,000 sales commission 23,700 What is the cost of goods sold?
Selected data from Design Corporation for 2016 is as follows:
beginning ending
raw materials 34,000 40,000
work in progress 135,000 150,000
finished goods 110,000 102,000
other information:
plant janitorial services 8,000
admin. expenses 121,230
raw materials purchased 41,000
insurance on plant 11,500
deprecation expense on truck 18,250
direct manufacturing wages 144,000
sales revenue 575,000
plant utilities 28,000
sales commission 23,700
What is the cost of goods sold?
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