Question: The following balances are from the accounts of Hill Components

The following balances are from the accounts of Hill Components:


Direct materials used during the year amount to $59,800, and the cost of goods sold for the year was $68,900.

Required
Find the following by completing a cost of goods sold statement:
a. Cost of direct materials purchased during the year.
b. Cost of goods manufactured during the year.
c. Total manufacturing costs incurred during theyear.
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  • CreatedDecember 18, 2013
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