Question

The following balances are from the accounts of Todd Machining Company:


Direct materials purchased during the year amount to $598,000, and the cost of goods sold for the year was $2,172,400.

Required
Reconstruct a cost of goods sold statement and fill in the following missing data:
a. Cost of direct materials used 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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