36. The factory of an automobile company assembles its cars only on receipt of orders from the main office. A summary of the factory operations for a certain period is as follows:
| Parts Purchased | $ 162,500.00 |
| Parts Manufactured (material cost) | 562,500.00 |
| Productive Labor (125% of material) | 703,125.00 |
| Factory Expense | 1,128,000.00 |
| Cost of Cars: | |
| Parts Purchased, Consumed | 137,500.00 |
| Parts Manufactured (material cost) | 187,500.00 |
| Productive Labor (145% of material) | 471,250.00 |
| Factory Expense | 565,500.00 |
| Material on Hand, Unmanufactured | 500,000.00 |
Prepare a technical trial balance of the cost ledger and an inventory of the stock room.
37. John Doe commenced business with a cash capital of $15,000. At the close of his fiscal period the ledger accounts were: accounts receivable $4,312.50; merchandise debit balance $5,062.50; accounts payable $5,375; expense $900. Doe’s total loss was $2,775.
Prepare a statement of assets and liabilities and the profit or loss.
38. John Adams lost his stock of merchandise May 1, 1918, through a flood in the Mississippi River.
Adams applied to the local Mutual Flood Insurance Society for reimbursements, claiming a loss of $5,886.35 on merchandise stock. From the following data ascertain his merchandise inventory:
Net profits May 1, 1918, $4,452.91; drawings $1,598; legal expenses $17.50; interest debit $313; advertising $14; commissions debit $961.01; insurance $196.23; sales $81,688.04; inventory, December, 1917, $1,568.62; purchases $55,415.82; labor, productive $19,499.58; telephone $416.06; sundry factory expenses $3,201.92; repairs $16; surplus May 1, 1918, $2,854.91.
39. The directors of a manufacturing company, before the closing and auditing of the books for the half-year ending December 31, declared out of the net earnings of the company a dividend for the half-year of 4% on the preferred stock of $100,000 and 3% on the common stock of $100,000. There has been brought forward from the last half-year, an undivided balance of profit of $4,000, and after the audit of the books the trial balance is found to be as follows:
Trial Balance, December 31