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use info to prepare a COGM statement and a COGS statement for Paradise Marina as...

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Accounting

use info to prepare a COGM statement and a COGS statement for Paradise Marina as of June 30, 20XX.

Not everything listed below will be used Pick out the relevant information

Inventories

Raw Materials, July 1 31,000

Raw Materials, June 30 25,000

Work in Process, July 1 32,750

Work in Process, June 30 35,550

Finished Goods, July 1 57,950

Finished Goods, June 30 60,000

Administrative Salaries 96,000

Depreciation Expense - Office Equip 25,800

Depreciation Expense - Delivery Vehicle 39,000

Depreciation Expense - Factory Equip 56,500

Sales Discounts 30,000

Factory maintenance 10,500

Advertising Expense 25,350

Direct Labor 270,000

Factory Supplies used 16,000

Income Tax Expense 90,000

Indirect Labor 44,000

Indirect Material 29,000

Factory insurance 14,500

Factory utilities 15,000

Raw Material Purchases 395,000

Rent Expense - Factory 55,000

Rent Expense - Office 25,000

Rent Expense - Selling 26,000

Sales salary Expense 89,500

Sales 1,852,000

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