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Question: allen company used 71000 of direct materlals and incurred 37000...

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Allen Company used $71,000 of direct materlals and Incurred $37,000 of direct labor costs during the current year. Indirect labor amounted to $2,700, while indirect materials used totaled $1,600. Other operating costs pertaining to the factory included utilities of $3,100, maintenance of $4,500, supplies of $1,800, depreciation of $7,900, and property taxes of $2,600. There was no beginning or ending finished goods inventory, but work in process inventory began the year with a $5,500 balance and ended the year with a $7,500 balance. Prepare a statement of cost of goods manufactured Allen Company Statement of Cost of Goods Manufactured For the Year Ended December 31 Factory overhead Total manufacturing costs incurred Total manufacturing costs Cost of goods manufactured

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