Q1 -Depreciation for the year amounted to $180,000:…

Q1 -Depreciation for the year amounted to $180,000: 30% relates to sales, 20% relates to administrative facilities, and the remainder relates to the factory. Of the total units produced during FY 2016: 80% were sold in 2018 and the rest remained in finished good inventory. Use this information to determine the dollar amount of the total depreciation that will be contained in Cost of Goods Sold.  (Round dollar values & enter as whole dollars only.)Q2 -Baltimore Manufacturing had a Work in Process balance of $103,000 on January 1, 2018. The year end balance of Work in Process was $51,000 and the Cost of Goods Manufactured was $690,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018. (Round dollar values & enter as whole dollars only.)Q3Annapolis Clothing Company manufactures quality boating attire. The following selected financial information for the fiscal year 2018 is provided:ItemAmountSales$200,000Cost of Goods Manufactured59,000Direct Material Purchased80,000Factory Overhead20,000Work in Process – January 160,000Work in Process – December 3130,000Direct Material – December 3120,000Finished Goods Inventory – December 3146,000Net Income30,000Direct Materials used60,000Cost of Goods Sold57,000Use this information to determine the dollar amount of Annapolis Clothing’s Finished Goods Inventory for January 1, 2018. (Round dollar values & enter as whole dollars only.)

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