Question: Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement of Tioga Manufacturing Company. Fill in
Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement of Tioga Manufacturing Company. Fill in the blanks with the missing words and replace the Xs with the correctamounts.
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TIOGA MANUFACTURING COMPANY June 30, 2014 Beginning 22,000 Beginning Raw Materials Irwentory Purchases of Raw Materials 54,000 80,000 (23,000) Ending Raw Materials Inventory Direct Manufacturing Overhead Total Total Ending 43,000 Costs 175,000 Costs (29,000) TIOGA MANUFACTURING COMPANY June 30, 2014 Sales Revenue Cost of Goods Sold: 112,000 Cost of Goods Cost of Goods Sold 217,000 283,000 Gross Profit Selling Expenses Administrative Expenses 94,000 Total 159,000
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TIOGA MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured Month Ended June 30 2014 Beginning WorkinProcess Inventory 22000 Direct Materials U... View full answer
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