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Cosl of goods manufactured and cost of goods sold computatiat [The tollo$ng infonnelian epplies to f,e guesfons diqpr€ yed bebw.]

Using tire following data,

Beginning linished goods im€ntory Beginning goods in process im€ntory Eeginning raw materials in€ntory Rental cost on hctory equipment Direct labor Ending fnished goods in\entory Ending goods in process in\€ntory Ending raw materials invgntory Factory utilities Factory supplies usod General and dministratiE expenses lndirect labor Repairs-Factory 6qui prrEnt Raw nralerials purchases Sales salades

refgences

Cosl ofgoods sold Canyon Company Rossings Company s$

Canyon Company s 18,000

19,000 11,400 27,000 18,0@ 21,000 24,000

8,1 00 10,000 10,600 22,OW 3,250 6,780

32,000 44,000

Rossings Company $20,soo

18,500 10,000 24,0m 31,000 18,000 13,000 12,1ffi 14,000 7,1m

50,000 9,660 3,5m

53,000 33,000

1.

2.

Cornpute ttle co,st of goods manubctured for both Canym Cofipany and Rmsings Company. (Omit th6 "S" sign in your response.)

Canyon Company Rossings Company Cost ofgoods manufactured $ $

Cofipute cost of goods sold for both Canyon Company and Rossings Company- (Omit the "S" sign in your response.)

O201 t the Hecr.w+lill Companlcs. All righB rolorycd.