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Use the Following Information to Prepare a Cost of Goods

Question 123

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Use the following information to prepare a cost of goods manufactured schedule for Bellevue Company for the year ended December 31, 2012:
 Ending raw materials inventory $40,800 Ending work-in-process inventory 52,800 Depreciation-factory 16,800 Direct labor 84,000 Indirect labor 10,000 Indirect materials 14,400insurance-factory 18,000 Begintring work-in-process inventory 64,800 Beginning raw materials inventory 36,000 Payroll taxes-factory 16,800 Raw materials purchased 76,800 predeterminded overhead rate 85%of direct labor cost \begin{array}{ll}\text { Ending raw materials inventory } & \$ 40,800 \\\text { Ending work-in-process inventory } & 52,800 \\\text { Depreciation-factory } & 16,800 \\\text { Direct labor } & 84,000\\\text { Indirect labor } & 10,000 \\\text { Indirect materials } & 14,400 \\\text {insurance-factory } & 18,000 \\ \text { Begintring work-in-process inventory }& 64,800\\\text { Beginning raw materials inventory } & 36,000 \\\text { Payroll taxes-factory } & 16,800\\\text { Raw materials purchased }&76,800\\\text { predeterminded overhead rate }&85\%&\text {of direct labor cost }\end{array}

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