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Information for Seaside Manufacturing, Inc. as of December 31 follows: Raw Materials Inventory, Jan 1...

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Accounting

Information for Seaside Manufacturing, Inc. as of December 31 follows: Raw Materials Inventory, Jan 1 $75,000 Raw Materials Inventory, Dec 31 55,000 Work in Process Inventory, Jan 1 95,000 Work in Process Inventory, Dec 31 85,000 Finished Goods Inventory, Jan 1 110,000 Finished Goods Inventory, Dec 31 130,000 Raw materials purchases 180,000 Sales commissions 20,000 Depreciation of factory equipment 30,000 Direct labor 90,000 Factory maintenance 18,000 Depreciation of delivery vehicles 16.000 Factory buildin ent 15,000 Factory utilities 12,000 Interest expense 5,000 Factory insurance 25,000

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