Yum Yum Treats manufactures its own brand of pet chew bones. At the end of December 2016, the accounting records showed the following:
|
Inventories: |
Beginning: |
Ending |
|
Raw Materials |
$13, 100 |
$8, 500 |
|
Work-In-Process |
$0 |
$2, 500 |
|
Finished Goods |
$0 |
$5, 700 |
|
Other Information: |
||
|
Raw Materials purchases |
$30, 000 |
|
|
Plant Janitorial Services |
$800 |
|
|
Sales salaries |
|
$5, 000 |
|
Delivery costs |
|
$1, 800 |
|
Sales revenue |
|
$105, 000 |
|
Utilities for plant |
$1, 100 |
|
|
Rent on plant |
|
$16, 000 |
|
Customer service hotline costs |
$1, 000 |
|
|
Direct labor |
|
$18, 000 |
Prepare a schedule of cost of goods manufactured for Yum Yum Treats for the year ended December 31, 2016.
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