Road Warrior Corporation began operations early in the current year, building luxury motor homes.

During the year, the compa

started and completed 45 motor homes at a cost of $55,000 per unit. Of these, 43 were sold for $105,000 each and two remai
finished goods inventory. In addition, the company had six partially completed units in its factory at year-end. Total costs for th
(summarized alphabetically) were as follows:

Direct materials used $ 750,000

Direct labor 800,000
Income tax expense 100,000
General and administrative expenses 500,000
Manufacturing overhead 1,200,000
Selling expenses 500,000

a. Compute the total manufacturing costs charged to work in process for the c
response.)

Total manufacturing costs

b. Compute the cost of finished goods manufactured for the current year. (Om

Cost of finished goods manufactured

c. Compute the cost of goods sold for the current year. (Omit the "$" sign in y

Cost of goods sold

d. Compute the gross profit on sales for the current year. (Omit the "$" sign in

Gross profit on sales

e. Compute the ending inventories of (1) work in process and (2) finished good
sign in your response.)

Ending inventory
-1 of work in process

Ending inventory
-2 of finished goods
 uring the year, the company
5,000 each and two remain in
ear-end. Total costs for the year

o work in process for the current year. (Omit the "$" sign in your

d for the current year. (Omit the "$" sign in your response.)

ar. (Omit the "$" sign in your response.)

year. (Omit the "$" sign in your response.)

cess and (2) finished goods for the current year. (Omit the "$"
The balances in the perpetual inventory accounts of Hillsdale Manufacturing Corporation at the beginning and end of the curre
follows:

End of Year
Inventory accounts:
Materials $ 26,000
Work in Process 9,000
Finished Goods Inventory 25,000

The total dollar amounts debited and credited during

the year to the accounts used in recording
manufacturing activities are as follows:

Debit Entries
Account:
Materials Inventory $ 410,000
Direct Labor Payable 189,000
Manufacturing Overhead 393,600
Work in Process Inventory ?
Finished Goods Inventory ?

a. Using the above data, compute the following amounts: (Omit the "$" s

Direct materials
1 purchased.
Direct materials used.
2
Payments of direct
3 labor payrolls.
Direct labor cost
4 assigned to
production.

Total manufacturing
costs charged to the
Work in Process
5 Inventory account
during the year.

The cost of finished

6 goods manufactured.
 7 Cost of goods sold.
The total amount to
be classified as
inventory in the year-
8 end balance sheet.

b. Prepare a schedule of the cost of finished goods manufactured. (Input

sign in your response.)

HILLSDALE MANUFACTURING CORP.

Schedule of the Cost of Finished Goods Manufactured
For the Year Ended December 31, 20__

Manufacturing costs assigned to production

Total manufacturing costs

Cost of all goods in process during the year

Cost of finished goods manufactured

ginning and end of the current year are as

Beginning of Year

$ 22,000
5,000
38,000

Credit Entries

$ ?
192,000
393,600
?
?

ng amounts: (Omit the "$" sign in your response.)

goods manufactured. (Input all amounts as positive value. Omit the "$"