Explore our Solution Library

Number of Views - 1856 186

Benedictine University Operations And Supply Chain Management Assignment Help - Charlie's Pets succeeded


Question - Charlie's Pets succeeded so well that Charlie decided to manufacture his own brand of chewing bone
Fido Treats. At the end of December 2012, his accounting records showed the following:
Inventories: Beginning Ending
Materials $ 13,400 $ 9,500
Work in process 0 2,000
Finished goods 0 5,300
Other information:
Direct material purchases $ 33,000
Utilities for plant $ 1,600
Plant janitorial services 800 Rent of plant 13,000
Sales salaries expense 5,000 Customer service hotline expense 1,400
Delivery expense 1,700 Direct labor 22,000
Sales revenue 109,000
Requirements:
1.Prepare a schedule of cost of goods manufactured for Fido Treats for the year ended December 31,
2012.
2.Prepare an income statement for Fido Treats for the year ...Read More

Solution Preview - No Solution Preview Available

Found What You Need?

Scroll down to find more if you need to find our more features