Cost of Goods Sold Ivano Company has collected cost accounting information for the following subset of items
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Year 1 Year 2 tem: Direct materials used in production Direct materiols: Beginning inventory Direct materials purchases Direct materials: Ending inventory Direct labor used in production Manufacturing overheod costs used in production Work in process: Beginning inventory Work in process: Ending inventory Finished goods: Beginning inventory Finished goods: Ending inventory Cost of goods sold $50,000 10,000 45,000 80,000 17,000 14,000 8,000 15,000 17,000 53,000 76,000 14,000 19,000 7,000 7,000 11,000 169,000
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QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
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SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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