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Exercise 177 From the account balances listed below, prepare a schedule of cost of goods...

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Accounting

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Exercise 177 From the account balances listed below, prepare a schedule of cost of goods manufactured for Sampson Manufacturing Company for the month ended December 31, 2016 Balances Fnished Goods Inventory, December 31 Factory Supervisory Salaries Income Tax Expense Raw Materials Inventory, December 1 12,000 18,000 Work In Process Inventory, December 31 Sales Salaries Expense 15,000 14,000 Fectory Depreciation Expense Finished Goods Inventory, December 1 Raw Materials Purchases Work tn Process inventory, December 1 105,000 Factory Utilities Expense Direct Lalbor 70,000 aw Materials Snventory, December 31 Sales Returns and Allowances 21,000 7 8 ommand commandoption

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