Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured below
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Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured below and the income statement of Tretinik Manufacturing. Fill in the missing items.
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TRETINIK MANUFACTURING COMPANY June 30 Beginning S 21,000 Add: Direct Beginning raw materials inventory Purchases of direct materials 51,000 78,000 (23,000) Ending raw materials inventory Direct Direct Manufacturing overhead Total Total costs 40,000 costs 166,000 Less: Ending 25,000) TRETINIK MANUFACTURING COMPANY June 30 Sales revenue S X Cost of goods sold: Beginning $115,000 Cost of goods Ending Cost of goods sold Gross profit 209,000 254,000 expenses: Marketing expense Administrative expense 99,000 x 154,000 ncome
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Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
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