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The total manufacturing costs for the year were 683000 the

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Reference no: EM13576158

Selected account balances for the year ended December 31 are provided below for Superior Company:

  
  Selling and administrative salaries $ 110,000
  Insurance, factory
8,000
  Utilities, factory
45,000
  Purchases of raw materials
290,000
  Indirect labour
60,000
  Direct labour
?
  Advertising expense
80,000
  Cleaning supplies, factory
7,000
  Sales commissions
50,000
  Rent, factory building
120,000
  Maintenance, factory
30,000

Inventory balances at the beginning and end of the year were as follows:

Beginning of
the Year		 End of
the Year
     Raw materials $ 40,000      $ 10,000   
     Work in process
?
35,000   
     Finished goods
50,000     
?

The total manufacturing costs for the year were $683,000, the goods available for sale totalled $740,000, and the cost of goods sold totalled $660,000.

Reference no: EM13576158

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