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Barricades Corporation provided the following information for the year: Beginning BalanceWork-in-Process Inventory ...

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Accounting

Barricades Corporation provided the following information for the year:
Beginning BalanceWork-in-Process Inventory
$27,000
Ending BalanceWork-in-Process Inventory
56,000
Beginning BalanceRaw Materials Inventory
83,000
Ending BalanceRaw Materials Inventory
60,000
PurchasesRaw Materials
360,000
Beginning Balance Finished Goods
956,000
Ending Balance Finished Goods
763,000
Direct Labor
471,000
Indirect Labor
18,000
Depreciation on Factory Plant and Equipment
25,000
Plant Utilities and Insurance
271,000
Calculate:
Prime Costs
Conversion Costs
Total Manufacturing Costs
Cost of Goods Manufactured
Cost of Goods Sold

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