Reference no: EM13864499
Morrow Corporation incurred the following cost while manufacturing its product:
Factor Supplies used $ 46,000
Labor Costs of assembly-line workers $ 220,000
Property Taxes on store $ 15,000
Depreciation on plant $ 120,000
Sales Commissions $ 70,000
Salaries paid to sales clerks $ 100,000
Material used in product $ 240,000
Advertising expense $ 90,000
Property taxes on plant $ 28,000
Delivery expense $ 42,000
Beginning work in process $ 24,000
Ending Work in Process $ 31,000
Beginning Finished Goods $ 120,000
Ending Finished Goods $ 91,200
Required:
Prepare statement of Cost of Goods Manufactured
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