A partial list of Waterways’ accounts and their balances for the month of November follows. Accounts...

A partial list of Waterways’ accounts and their balances for the month of November follows.

Accounts Receivable       $274,500
Advertising Expenses       54,200
Cash       261,000
Depreciation—Factory Equipment       16,800
Depreciation—Office Equipment       2,500
Direct Labor       41,900
Factory Supplies Used       16,700
Factory Utilities       10,300
Finished Goods Inventory, November 30       68,800
Finished Goods Inventory, October 31       73,100
Indirect Labor       48,100
Office Supplies Expense       1,600
Other Administrative Expenses       71,500
Prepaid Expenses       41,400
Raw Materials Inventory, November 30       52,300
Raw Materials Inventory, October 31       37,600
Raw Materials Purchases       184,100
Rent—Factory Equipment       46,800
Repairs—Factory Equipment       4,600
Salaries       323,000
Sales Revenue
1,354,600
Sales Commissions       40,500
Work In Process Inventory October 31       52,600
Work In Process Inventory, November 30       42,200

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(b1)
A list of accounts and their values are given above. From this information, prepare a cost of goods manufactured schedule.

WATERWAYS CORPORATION
Cost of Goods Manufactured Schedule

Expert Solution

ekkarill92 answered 3 weeks ago

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