Use the Information Below for the Year Ended December 31,20xx,to

question 176

Essay

Use the information below for the year ended December 31,20xx,to prepare the statement of cost of goods manufactured.
$\begin{array}{lr}\text { Inventories } & \text { Beginning } & \text { Ending }\\\text { Materials inventory } & \$ 41,000 & \$ 51,000 \\\text { Work in process inventory } & 62,000 & 78,000 \\\text { Direct materials purchased } & & 258,000 \\\text { Total direct labor costs } & & 372,000 \\\text { Total indirect labor costs } & & 67,000\\\text { Utilities } && 41,000 \\\text { Depreciation } && 54,000 \\\text { Small tools } && 5,000 \\\text { Factory insurance } && 3,000 \\\text { Factory supervision } && 66,000 \\\text { Miscellaneous overhead costs } && 11,000\end{array}$

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Canadian

Pertaining to Canada or its people, culture, or characteristics.

Twentieth Century

The period extending from January 1, 1901, to December 31, 2000, marked by significant advancements in technology, science, politics, and social movements.

Social Movement

A collective effort by a large group of people who are organized to promote or resist change in society.

Global Call

A communication or action that appeals to or involves participants from all around the world, often in the context of global issues, campaigns, or movements.