Calculate the cost of goods sold, using following information Direct materials$299,800 Direct labor 133,300 General factory expenses
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Calculate the cost of goods sold, using following information
Direct materials$299,800
Direct labor 133,300
General factory expenses 265,300
General and administrative expenses 86,800
Selling expenses 50,100
Inventory of goods in process, January 1 119,800
Inventory of goods in process, December 31 127,200
Finished Goods Inventory, January 1 233,400
Finished goods inventory, December 31 240,000
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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