Shantz Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect...
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Shantz Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect raw materials included in manufacturing overhead Direct labor cost Manufacturing overhead cost inccured Investories: Raw materials inventory Work in process inventory Finished goods inventory Required: a. Calcuate the Cost of Goods Manufactured for the month. b. Cacluate the Cost of Goods Sold for the month. $32,000 $5,000 $58,000 $99,000 Beginning $12,000 $48,000 $41,000 Ending $16,000 $53,000 $47,000 Shantz Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect raw materials included in manufacturing overhead Direct labor cost Manufacturing overhead cost inccured Investories: Raw materials inventory Work in process inventory Finished goods inventory Required: a. Calcuate the Cost of Goods Manufactured for the month. b. Cacluate the Cost of Goods Sold for the month. $32,000 $5,000 $58,000 $99,000 Beginning $12,000 $48,000 $41,000 Ending $16,000 $53,000 $47,000
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Requirement a Schedule of Cost of goods manufactured 12000 32000 16000 28000 ... View the full answer
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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