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13 February, 14:31

Assume the following costs in each of the categories identified in question one are: Packaged (Cans & Bottles) $127,361 Kegs $69,856 Shrinkage/WIP Loss $42,000 Contract Labor $9,000 Direct Labor $240,000 Freight $18,000 Consumer Advertising $30,000 Trade Promotion $30,000 Sales Promotion $18,000 Salaries & Benefits $180,000 What is Shannon's cost of goods sold?

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  1. 13 February, 18:12
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    Computation of Cost of Goods Sold:

    Particular Amount

    Packaged (Cans & Bottles) $127,361

    Kegs $69,856

    Work In Progress Loss $42,000

    Contract Labor $9,000

    Direct Labor $240,000

    Freight $18,000

    Cost of Goods Sold $506,217

    Note: All of these are not included in Cost of good sold

    Consumer Advertising $30,000

    Trade Promotion $30,000

    Sales Promotion $18,000

    Salaries & Benefits $180,000
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