financial statement-accounting

Project Description:

the following events took place for wreckin ronnie inc. during july2008, the first month of operations, as a producer of road bikes: purchased $165,800 of materials
used $147,600 of direct materials in production
incurred $96,250 of direct labor wages.
applied factory overhead at a rate of 80% of direct laborcost.
transferred $302,900 of work in process to finished goods.
sold goods with a cost of $301,300.
sold goods for $520,000
incurred $119,000 of selling expenses.
incurred $52,100 of administrative expenses.
prepare the july income statement for wreckinronnie. assume that wreckin ronnie uses the perpetualinventory method.
determine the inventory balances at the end of thefirst month of operations.
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 5
1 Current viewersl
7 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.4
    12 Jobs 9 Reviews
    $0 in 0 Day
  • 4.4
    60 Jobs 42 Reviews
    $0 in 0 Day
  • 4.9
    73 Jobs 54 Reviews
    $4 in 0 Day
  • 4.8
    546 Jobs 386 Reviews
    $0 in 0 Day
  • 5.0
    49 Jobs 21 Reviews
    $0 in 0 Day