Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for...

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Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for Bourne Manufacturing Company:    Administrative salaries (non-factory) $105,000   Administrative rent (non-factory) 52,500   Advertising and promotion expense 61,500   Depreciation-administrative 33,000   Depreciation-factory 45,000   Depreciation-selling 25,500   Direct labor 262,500   Factory rent 27,000   Factory supplies used 18,000   Finished goods inventory (January 1) 85,500   Finished goods inventory (December 31) 78,000   Indirect material used 21,000   Indirect labor 28,500   Materials inventory (January 1) 19,500   Materials inventory (December 31) 30,000   Net delivered cost of materials purchased 207,000   Other factory overhead 39,000   Sales 1,267,500   Sales salaries expense 108,000   Work in process inventory (January 1) 27,000   Work in process inventory ( December 31) 46,500    Using the above data, prepare a schedule of cost of goods manufactured and sold. Do not use negative signs with any of your answers.    Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31,2016     Direct material:   Beginning materials inventory Answer    Cost of materials purchased Answer    Cost of material available Answer    Less: Ending materials inventory Answer    Total materials used Answer    Less: Indirect materials used Answer    Direct material used  Answer   Direct labor  Answer   Manufacturing overhead   Indirect material Answer    Indirect labor Answer    Factory supplies used Answer    Factory depreciation Answer    Factory rent Answer     Other factory overhead  Answer    Total manufacturing overhead  Answer   Total manufacturing costs for the year  Answer   Add: Beginning work in process inventory  Answer   Total cost of work in process during the year  Answer   Less: Ending work in process inventory  Answer   Cost of goods manufactured  Answer   Add: Beginning finished goods inventory  Answer   Cost of goods available for sale  Answer   Less: Ending finished goods inventory  Answer   Cost of goods sold  Answer

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Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For The Year Ended December 31, 2016     Direct material     Beginning material inventory $19,500    Cost of material purchased 207,000    Cost of material available 226,500    Less: Ending material inventory (30,000)    Total material used 196,500    Less: Indirect material used (21,000)    Direct material used  $175,500   Direct labor  262,500   Manufacturing overhead     Indirect material 21,000    Indirect labor 28,500    Factory supplies used 18,000    Factory depreciation 45,000    Factory rent 27,000    Other factory overhead 39,000    Total manufacturing overhead  178,500   Total manufacturing cost for the year  616,500   Add: Beginning work in process  27,000   Total cost of work in process during the year  643,500   Less: Ending work in process  (46,500)   Cost of goods manufactured  597,000   Add: Beginning finished goods  85,500   Cost of goods available for sale  682,500   Less: Ending finished goods  (78,000)   Cost of goods sold  $604,500   .

Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for...

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Administrative salaries (non-factory)	$105,000
Administrative rent (non-factory)	52,500
Advertising and promotion expense	61,500
Depreciation-administrative	33,000
Depreciation-factory	45,000
Depreciation-selling	25,500
Direct labor	262,500
Factory rent	27,000
Factory supplies used	18,000
Finished goods inventory (January 1)	85,500
Finished goods inventory (December 31)	78,000
Indirect material used	21,000
Indirect labor	28,500
Materials inventory (January 1)	19,500
Materials inventory (December 31)	30,000
Net delivered cost of materials purchased	207,000
Other factory overhead	39,000
Sales	1,267,500
Sales salaries expense	108,000
Work in process inventory (January 1)	27,000
Work in process inventory ( December 31)	46,500

Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31,2016
Direct material:
Beginning materials inventory		Answer
Cost of materials purchased		Answer
Cost of material available		Answer
Less:	Ending materials inventory	Answer
Total materials used		Answer
Less:	Indirect materials used	Answer
Direct material used			Answer
Direct labor			Answer
Manufacturing overhead
Indirect material		Answer
Indirect labor		Answer
Factory supplies used		Answer
Factory depreciation		Answer
Factory rent		Answer
Other factory overhead		Answer
Total manufacturing overhead			Answer
Total manufacturing costs for the year			Answer
Add:	Beginning work in process inventory		Answer
Total cost of work in process during the year			Answer
Less:	Ending work in process inventory		Answer
Cost of goods manufactured			Answer
Add:	Beginning finished goods inventory		Answer
Cost of goods available for sale			Answer
Less:	Ending finished goods inventory		Answer
Cost of goods sold			Answer

Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For The Year Ended December 31, 2016
Direct material
Beginning material inventory	$19,500
Cost of material purchased	207,000
Cost of material available	226,500
Less: Ending material inventory	(30,000)
Total material used	196,500
Less: Indirect material used	(21,000)
Direct material used		$175,500
Direct labor		262,500
Manufacturing overhead
Indirect material	21,000
Indirect labor	28,500
Factory supplies used	18,000
Factory depreciation	45,000
Factory rent	27,000
Other factory overhead	39,000
Total manufacturing overhead		178,500
Total manufacturing cost for the year		616,500
Add: Beginning work in process		27,000
Total cost of work in process during the year		643,500
Less: Ending work in process		(46,500)
Cost of goods manufactured		597,000
Add: Beginning finished goods		85,500
Cost of goods available for sale		682,500
Less: Ending finished goods		(78,000)
Cost of goods sold		$604,500