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  3. 1. prepare a cost of goods manufactured statement,

1. Prepare a cost of goods manufactured statement, a cost of goods sold and a...

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Accounting

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1. Prepare a cost of goods manufactured statement, a cost of goods sold and a manufacturing income statement for Tara's Treasures for the month of July 2017, based on the following information: Factory depreciation $40,000 Ending raw materials inventory $250,000 Selling general and administrative expenses $500,000 Direct Labor $700,000 Indirect labor $30,00o Raw material purchases $600,000 Indirect material $15,000 Ending finished goods inventory $400,000 Ending work in process inventory $50,000 Beginning finished goods inventory $100,000 Factory Insurance $20,000 Beginning work in process Inventory $300,000 Beginning raw materials inventory $200,000 Sales $3,000,000 Factory rent $25,000 e following transactions and 2. Tara's Tables uses a job order costing system. Record th post them to the ledger: Clooney orders a custom table u from the warehouse. The oak costs $2,00 0 per pound

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