Question: Following are the Statement of Cost of Goods Manufactured columns
Following are the Statement of Cost of Goods Manufactured columns and the Income Statement columns of the work sheet for Ranell Manufacturing Company for the year ended December 31. Ranell Manufacturing Company’s beginning inventory of raw materials is $ 8,000; its beginning inventory of work- in- process is $ 38,400. Prepare a statement of cost of goodsmanufactured.
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