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Vernon Bakery shows the following data related to its August 31, 201

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Vernon Bakery shows the following data related to its
August 31, 2017 fiscal year:
Raw materials inventory, September 1, 2016
$2,400
Raw materials inventory, August 31, 2017
1,600
Work in process inventory, September 1, 2016
200
Work in process inventory, August 31, 2017
150
Finished goods inventory, September 1, 2016
1,000
Finished goods inventory, August 31, 2017
900
Rent on the commercial kitchen
12,000
Depreciation of delivery vehicle
1,500
Salary paid to head baker
42,000
Purchases of raw materials
58,000
Delivery costs
2,500
Utilities expense - office
600
Depreciation - kitchen equipment
2,000
Dividends paid to shareholders
10,000
Utilities expense - kitchen
1,200
Marketing
3,000
Wages paid to kitchen cleaning staff

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16,000
Wages paid to assistant bakers
65,000
Required:
Based on the information above, prepare a schedule of
cost of goods manufactured.
Raw materials inventory, September 1, 2016
$2,400
Raw materials inventory, August 31, 2017
1,600
Work in process inventory, September 1, 2016
200
Work in process inventory, August 31, 2017
150
Finished goods inventory, September 1, 2016
1,000
Finished goods inventory, August 31, 2017
900
Rent on the commercial kitchen
12,000
Depreciation of delivery vehicle
1,500
Salary paid to head baker
42,000
Purchases of raw materials
58,000
Delivery costs
2,500
Utilities expense - office
600
Depreciation - kitchen equipment
2,000
Dividends paid to shareholders
10,000
Utilities expense - kitchen
1,200

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Vernon Bakery shows the following data related to its August 31, 2017 fiscal year: Raw materials inventory, September 1, 2016 $2,400 Raw materials inventory, August 31, 2017 1,600 Work in process inventory, September 1, 2016 200 Work in process inventory, August 31, 2017 150 Finished goods inventory, September 1, 2016 1,000 Finished goods inventory, August 31, 2017 900 Rent on the commercial kitchen 12,000 Depreciation of delivery vehicle 1,500 Salary paid to head baker 42,000 Purchases of raw materials 58,000 Delivery costs 2,500 Utilities expense - office 600 Depreciation - kitchen equipment 2,000 Dividends paid to shareholders 10,000 Utilities expense - kitchen 1,200 Marketing 3,000 Wages paid to kitchen cleaning staff 16,000 Wages paid to assistant bakers 65,000 Required: Based on the information above, prepare a schedule of cost of goods manufactured. Raw materials inventory, Sept ...
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