Beginning of End of Shonda Corporation 2014 2014 Direct materials inventory $ 129,000 $ 72,000 Work-in-process inventory 166,000 144,000 Finished goods inventory 248,000 205,000 Purchases of direct materials 255,000 Direct manufacturing labor 213,000 Indirect manufacturing labor 101,000 Indirect materials 29,000 Plant insurance 9,000 Depreciation-plant, building, and equipment 47,000 Plant utilities 21,000 Repairs and maintenance-plant 17,000 Equipment leasing costs 61,000 Marketing, distribution, and customer-service costs 126,000 General and administrative costs 73,000

Beginning of End of Shonda Corporation 2014 2014 Direct materials inventory $ 129,000 $ 72,000 Work-in-process inventory 166,000 144,000 Finished goods inventory 248,000 205,000 Purchases of direct materials 255,000 Direct manufacturing labor 213,000 Indirect manufacturing labor 101,000 Indirect materials 29,000 Plant insurance 9,000 Depreciation-plant, building, and equipment 47,000 Plant utilities 21,000 Repairs and maintenance-plant 17,000 Equipment leasing costs 61,000 Marketing, distribution, and customer-service costs 126,000 General and administrative costs 73,000

Name: Find the attached file.1) Prepare a schedule for the cost of goods man
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Description: Find the attached file.1) Prepare a schedule for the cost of goods manufactured for 2014.2) Revenues in thousands for 2014 were $1,700,000. Prepare income statement for 2014. Beginning ofEnd ofShonda Corporation20142014Direct materials inventory$129

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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