Wildhorse Corporation incurred the following costs while manufacturing its product.
Mat...
Business, 06.05.2020 03:11 brandistrothma
Wildhorse Corporation incurred the following costs while manufacturing its product.
Materials used in product $130,000 Advertising expense $46,100
Depreciation on plant 64,500 Property taxes on plant 20,000
Property taxes on store 7,600 Delivery expense 26,800
Labor costs of assembly-line workers 120,900 Sales commissions 39,300
Factory supplies used 32,600 Salaries paid to sales clerks 54,900
Work in process inventory was $14,000 at January 1 and $16,700 at December 31. Finished goods inventory was $61,800 at January 1 and $49,800 at December 31. Compute cost of goods manufactured.
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