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HW-90-Pena Corporation
Pena Corporation incurred the following costs while manufacturing its product.
Materials used in product $108,000 Advertising expense $46,000
Depreciation on plant 69,000 Property taxes on plant 19,000
Property taxes on store 8,400 Delivery expense 30,000
Labor costs of assembly-line workers 114,000 Sales commissions 39,000
Factory supplies used 32,000 Salaries paid to sales clerks 60,000
Work-in-process inventory was $14,100 at January 1 and $17,000 at December 31. Finished goods inventory was $68,000 at January 1 and $56,600 at December 31.
Compute the following:
Cost of goods manufactured $
Cost of goods sold $
Answer is in excel.
Answer will be sent by email. It may take few hours to send the asnwer. You may email us if you have any query...
Materials used in product $108,000 Advertising expense $46,000
Depreciation on plant 69,000 Property taxes on plant 19,000
Property taxes on store 8,400 Delivery expense 30,000
Labor costs of assembly-line workers 114,000 Sales commissions 39,000
Factory supplies used 32,000 Salaries paid to sales clerks 60,000
Work-in-process inventory was $14,100 at January 1 and $17,000 at December 31. Finished goods inventory was $68,000 at January 1 and $56,600 at December 31.
Compute the following:
Cost of goods manufactured $
Cost of goods sold $
Answer is in excel.
Answer will be sent by email. It may take few hours to send the asnwer. You may email us if you have any query...
