Prepare a schedule of cost of goods manufactured

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Reference no: EM131259780

1. Classify the following manufacturing cost of business solutions as either (a) variable or fixed and (b) direct or indirect

1. monthly flat fee to clean workshop

2. laminate coverings for desktops

3. taxes on assembly workshop

4. glue to assemble workstation component parts

5. wages of assembler

6. electricity for workshop

7. depreciation on tools

2. Prepare a schedule of cost of goods manufactured for business solutions for the month ended January 31, 2016 assume the following manufacturing costs:

beginning work in process: none (December 31, 2015)

ending work in process: $540 (January 31,2016)

beginning finished goods inventory: none (December 31, 2015)

ending fishing goods inventory: $350 (January 31, 2016)

3. Prepare the cost of goods sold section of partial income statement for business solutions for the month ended January 31, 2016.

Reference no: EM131259780

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