Question

The following cost and inventory data are taken from the accounting records of a Company for...

The following cost and inventory data are taken from the accounting
records of a Company for the year just completed:
Costs incurred:
Direct labor cost ...................................................       350,000.00
Purchases of raw materials ..................................       590,000.00
Manufacturing overhead ......................................       400,000.00
Advertising expense .............................................       450,000.00
Sales salaries .......................................................       250,000.00
Depreciation, office equipment ............................    1,500,000.00
Inventories: Beginning the Year End the Year
Raw materials ............................      35,000.00          75,000.00
Work in process ..........................      50,000.00          25,000.00
Finished goods ............................    100,000.00       175,000.00
Required:
1. Prepare a schedule of cost of goods manufactured
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