The following information is available for The Green Hornet - 13103

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  • Posted on: Thu 26 Jul, 2012
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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 salaries expense-188000




misc cost-factory-3600












1)      Prepare the 2012 statement of cost of goods manufactured


2)      Prepare the 2012 income statement




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