The following information is available for The Green Hornet - 13103

Solution Posted by
yousafbhutta

yousafbhutta

Rating : (28)C
Solution Detail
Price: $1.00
  • From: Business,
  • Posted on: Thu 26 Jul, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

 

The following information is available for The Green Hornet Corporation for 2012:

 

Inventories                                        January 1      December 31

 

 Materials                                          165,000            210,000

 

Work in Process                                              306,000            290,000

 

Finished Goods                                                298,000            284,000

 

 

 

advertising expense - 148,000

 

depreciation expense-office equipment-21,000

 

depreciation expense-factory equipment-20,900

 

direct labor-360,000

 

heat, light, and power-factory-8,400

 

indirect labor-29100

 

materials purchased-325000

 

office salaries expense-115000

 

property taxes-factory-6800

 

property taxes-office building-18000

 

rent expense-factory-11500

 

sales-1530000

 

sales salaries expense-188000

 

supplies-factory-5700

 

misc cost-factory-3600

 

 

 

 

 

 

 

 

 

 

 

1)      Prepare the 2012 statement of cost of goods manufactured

 

2)      Prepare the 2012 income statement

 

 

 

Solution Description

If you will give me your A

Attachments
PR18-5A Solution.docx
PR18-5A Solutio...