The following information for Baldwin Company,as of December 31,is provided.
Administrative salaries Depreciation of factory equipment Depreciation of delivery vehicles Direct labor Factory supplies used Finished goods inventory, January 1 Finished goods inventory, December 31 Factory insurance Interest expense Factory utilities Factory maintenance Raw materials inventory, January 1 Raw materials inventory, December 31 Raw material purchases Rent on factory equipment Repairs of factory equipment Sales commissions Goods in process inventory, January 1 Goods in process inventory, December 31 $24,00018,7506,00051,0009,00042,75052,00011,62510,00010,5005,6257,0003,50094,00018,7508,60028,1504,0002,500
A. Calculate the direct material used during the period.
B. Calculate the total manufacturing costs incurred during the period.
C. Calculate the Cost of Goods Manufactured during the period.
D. Calculate the Cost of Goods Sold during the period.
Definitions:
Modality
Pertains to the way or method by which something is encountered, manifested, or articulated.
Multimodal
Pertaining to or utilizing more than one mode or method of transportation, communication, or expression.
American Psychological Association
A leading scientific and professional organization representing psychology in the United States, dedicated to advancing the creation, communication, and application of psychological knowledge to benefit society and improve lives.
Frequency Polygons
A graphical representation of the distribution of a dataset that shows the frequencies of classes via connected dots.