Holt Manufacturing
For the year ended December 31 2017
Beginning raw materials inventory
210,000
Ending raw materials inventory
30,000
Purchases of raw materials
552,000
Direct labor
408,000
Indirect manufacturing labor
120,000
Depreciation of factory equipment
240,000
Factory Rent
60,000
Rent on sales offices
24,000
Factory utilities
45,000
Property taxes on factory premises
15,000
Maintenance of factory equipment
60,000
Beginning work in process inventory
180,000
Ending work in process inventory
420,000
Beginning finished goods inventory
270,000
Ending finished goods inventory
150,000...