Maurice Tutor

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Teaching Since: May 2017
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Education

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 15 Feb 2018 My Price 9.00

Yolo Windows

Yolo Windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars):
  

       
Information on January 1 (Beginning):      
Direct materials inventory $ 88  
Work-in-process inventory   111  
Finished goods inventory   1,650  
Information for the year:      
Administrative costs $ 3,620  
Direct labor   12,700  
Direct materials purchases   8,210  
Factory and machine depreciation   11,740  
Factory supervision   734  
Factory utilities   965  
Indirect factory labor   2,860  
Indirect materials and supplies   684  
Marketing costs   1,490  
Property taxes on factory   281  
Sales revenue   45,800  
Information on December 31 (Ending):      
Direct materials inventory $ 92  
Work-in-process inventory   126  
Finished goods inventory   1,430  
 

Required:

Prepare an income statement with a supporting cost of goods sold statement. (Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234).)

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Feb 2018 11:02 PM My Price 9.00

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