Lab march 29 - 1853095 Deduct: Ending Work-In-Progress...

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file:////home/vdimitrov/21855/e8945376c23177f7d61dbce4de0effe387e74eb4.xlsx Matt Abbio P.763 18-8B March 26,2010 Schedule of Cost of Goods manufactured Year End December 31, 2009 Homestyle Furniture: Direct Materials: Beginning Of 20078 42375 Purchases of material 896375 Cost For Use 938750 End Of 2009 72430 Direct Material Used: 866320 Direct Manufacturing Labor: 564500 Indirect Manufacturing Cost: Rent Expense 95500 Indirect Manufacturing Labor 61000 Factory Utilities 39500 Factory supplies 8060 Factory Supervison 123500 Miscellaneous production 10440 Depreciaton 37400 Repair and Maintenance 32375 Total Indirect Manufacturing Costs 407775 Manufacturing Costs Incurred During 2007 1838595 Add: Work-In-Progress 14500 Total Manufacturing Costs To Account For
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Unformatted text preview: 1853095 Deduct: Ending Work-In-Progress 16100 Cost Of Goods Manufactured (To Income Statement) 1836995 Year EndeIncome Statement Homestyle Furniture Revenues 5002000 Sales Discount 59375 Cost Of Goods Sold: 4942625 Beginning Finished Goods, December 2008 179200 Cost Of Goods Manufactured 1836995 Cost Of Goods Available For Sale 2016195 Ending Finished Goods, December 2009 143750 Cost Of Goods Sold 1872445 Gross Margin 3070180 Selling expense: Office Sal Expense 72875 Rent 54625 Depresiation 22565 Income tax 138700 Advertising expense 22250 Sales Sal Expense 297300 Total Selling Expense: 608315 Net Income: 2461865...
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