The following information is available for the first month of operations of Deer Inc., a manufacturer of
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The following information is available for the first month of operations of Deer Inc., a manufacturer of sports apparel: Sales $1,500,000 Gross profit 410,000 Indirect labor 125,000 Indirect materials 30,000 Other factory overhead 415,000 Materials purchased 700,000 Total manufacturing costs for the period 1,600,000 Materials inventory, end of period 35,000 Using the given information, determine the following:
a. Cost of goods sold $
b. Direct materials cost $
c. Direct labor cost $
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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