Acc206 Principles of Accounting: P16-35 Draper is going to manufacture billing software

Acc206 Principles of Accounting
P16-35 Classifying costs of a manufacturer [20-25]
This problem continues the Draper Consulting, Inc., situation from Problem 15-35 of Chapter 15.

Draper is going to manufacture billing software. During its first month of manufacturing, Draper incurred the following manufacturing costs:
Inventories Beginning Ending
Materials 10,800 10,300
Work in process - 21,000
Finished goods - 31,500
Other information:
Direct materials purchases 19,000 Utilities for plant 10,000
Plant janitorial services 700 Rent of plant 13,000
Sales salaries expense 5,000 Customer services hotline expense 18,000
Delivery expense 1,700 Direct labor 190,000
Sales revenue 750,000

1. Prepare a schedule of cost of goods manufactured for Draper for the month ended January 31, 2014.
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