Explore our Solution Library

Number of Views - 593 60

North Carolina State University Operations And Supply Chain Management Assignment Help - MANAGERIAL ACCOUNTING


Question - Pena Corporation incurred the following costs while manufacturing its product. Materials used in product $102,000 Advertising expense $48,000 Depreciation on plant 67,000 Property taxes on plant 24,000 Property taxes on store 8,500 Delivery expense 24,000 Labor costs of assembly-line workers 115,000 Sales commissions 45,000 Factory supplies used 29,000 Salaries paid to sales clerks 53,000 Work-in-process inventory was $14,000 at January 1 and $17,500 at December 31. Finished goods inventory was $69,000 at January 1 and $56,800 at December 31. Compute the following: Cost of goods manufactured $ Cost of goods sold $

Solution Preview - No Solution Preview Available

Found What You Need?

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