Eklavya Products, a small manufacturer, has submitted the items below concerning last year's operations. The president's secretary trying to be helpful, has alphabetized the list.
Administrative salaries
$
Advertising expense
Depreciationfactory building
Depreciationfactory equipment
Depreciationoffice equipment
Direct labor cost
Raw materials inventory, beginning
Raw materials inventory, ending
Finished goods inventory, beginning
Finished goods inventory, ending
General liability insurance expense
Indirect labor cost
Insurance on factory
Purchases of raw materials
Repairs and maintenance of factory
Sales salaries
Taxes on factory
Travel and entertainment expense
Work in process inventory, beginning
Work in process inventory, ending
Required:
a Prepare a schedule of Cost of Goods Manufactured for the year.
b Determine the Cost of Goods Sold for the year.
