Given the following selected account balances of Randa Company.
Sales | $ | 1,357,000 |
Raw materials inventory, Dec. 31, 2010 | 41,000 | |
Goods in process inventory, Dec. 31, 2010 | 55,500 | |
Finished goods inventory, Dec. 31, 2010 | 69,100 | |
Raw materials purchases | 172,800 | |
Direct labor | 238,000 | |
Factory computer supplies used | 19,600 | |
Indirect labor | 41,000 | |
Repairs—Factory equipment | 7,250 | |
Rent cost of factory building | 51,000 | |
Advertising expense | 83,000 | |
General and administrative expenses | 138,000 | |
Raw materials inventory, Dec. 31, 2011 | 46,800 | |
Goods in process inventory, Dec. 31, 2011 | 47,100 | |
Finished goods inventory, Dec. 31, 2011 | 66,500 | |
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Prepare its manufacturing statement for the year ended on December 31, 2011. (Input all amounts as positive values. Omit the "$" sign in your response.) |
RANDA COMPANY Manufacturing Statement For Year Ended December 31, 2011 | ||
Direct materials | ||
Raw materials inventory, December 31, 2010 | $ | |
Raw materials purchases | ||
| ||
Raw materials available for use | ||
Less: Raw materials inventory, December 31, 2011 | ||
| ||
Direct materials used | $ | |
Direct labor | ||
Factory overhead | ||
Factory computer supplies used | ||
Indirect labor | ||
Repairs-factory equipment | ||
Rent cost of factory building | ||
| ||
Total factory overhead costs | ||
| ||
Total manufacturing costs | ||
Add: Goods in process inventory, December 31, 2010 | ||
| ||
Total cost of goods in process | ||
Less: Goods in process inventory, December 31, 2011 | ||
| ||
Cost of goods manufactured | $ | |
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