At May 31, 2022, Coronado Inc. has $4300 in beginning raw materials, $6100 of direct labour....
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At May 31, 2022, Coronado Inc. has $4300 in beginning raw materials, $6100 of direct labour. If manufacturing overhead was $10100, total manufacturing costs was $50000, and total raw material purchases were $36400, how much is ending amount of raw materials? Oriole Combines Inc. has $4400 of finished goods inventory as of December 31, 2022. If beginning finished goods inventory was $1600 and cost of goods sold was $7500, how much would Oriole report for cost of goods manufactured? At May 31, 2022, Coronado Inc. has $4300 in beginning raw materials, $6100 of direct labour. If manufacturing overhead was $10100, total manufacturing costs was $50000, and total raw material purchases were $36400, how much is ending amount of raw materials? Oriole Combines Inc. has $4400 of finished goods inventory as of December 31, 2022. If beginning finished goods inventory was $1600 and cost of goods sold was $7500, how much would Oriole report for cost of goods manufactured?
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Cost of goods sold can be computed as Total manufacturing cost Dir... View the full answer
Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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