Compute the Cost of Goods Manufactured and Cost of Goods Sold for Golden Bay Company for the
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Beginning of Year End of Year End of Year Raw materials inventory . Work in process inventory. Finished goods inventory. Purchases of direct materials. Direct labor Indirect labor. Insurance on plant.. Depreciation-plant building and equipment. Repairs and maintenance-plant. Marketing expenses. General and administrative expenses. $ 7,500 $13,100 $ 4,400 $25,000 $33,000 $42,000 $36,000 $28,000 $21,000 $79,000 $76,000 $26,500 $84,000 $46,000
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Calculation of direct materials used Beginning raw materials inventory 25000 Plus Purch...View the full answer
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