DonCorporation_costofgoodsmanufacturedschedule

DonCorporation_costofgoodsmanufacturedschedule

Question
	
. DonCorporationincurredthe followingcostswhilemanufacturingitsproduct.


















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Materialsused inproduct

 		
 
 






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130,000

 		
 
 

 		
 
 

 
Advertisingexpense

 		
 
 

 
49,000

 		


 

 
 

 
Depreciationonplant

 		
 
 

 
65,000

 		
 
 

 		
 
 

 
Propertytaxesonplant

 		
 
 

 
16,000

 		


 

 
 

 
Propertytaxeson administrativebuilding

 		
 
 

 
7,700

 		
 
 

 		
 
 

 
Deliveryexpense

 		
 
 

 
20,000

 		


 

 
 

 
Laborcosts ofassembly-lineworkers

 		
 
 

 
112,000

 		
 
 

 		
 
 

 
Salescommissions

 		
 
 

 
31,000

 		


 

 
 

 
Factorysuppliesused

 		
 
 

 
24,000

 		
 
 

 		
 
 

 
Salariespaidtosalesclerks

 		
 
 

 
58,000

 		









Work-in-processinventorywas$23,000 atJanuary1 and$15,800
at
December31.Finishedgoods inventorywas$67,000 atJanuary1 and$52,600 atDecember31.






Instructions



Prepareacostofgoodsmanufacturedscheduleanddeterminetheamountofcostofgoodssold.