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PR 18-5A Statement of cost of goods manufactured for a manufacturing company

Accounting

PR 18-5A Statement of cost of goods manufactured for a manufacturing company. The following information is available for Lagakos Corporation for 2018: Inventories January 1 December 31 Materials $50,100 $35,900 Work in Process 72,400 90,600 Finished Goods 114,600 113,000 I Advertising Expense $453,000 Depreciation Expense-Office Equip. 34,000 Depreciation Expense-Factory Equip. 90,500 Direct Labor 1,245,700 Heat, Light, and Power-Factory 60,400 Indirect Labor 130,200 Materials Purchased 630,300 Office Salaries Expense 360,100 Property Taxes-Factory 45,300 Property Taxes-Office Building 28,300 Rent Expense-Factory 30,600 Sales 4,360,000 Sales Salaries Expense 226,500 Supplies-Factory 10,800 Miscellaneous Costs-Factory 12,900 Instructions 1. Prepare a statement of the Cost of Goods Manufactured.

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