For each of the following unrelated companies, compute the cost of goods manufactured and the cost...

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For each of the following unrelated companies, compute the cost of goods manufactured and the cost of goods sold: Selling expenses Factory insurance Ending finished goods inventory Non-factory administrative expenses Direct labor Beginning materials inventory Beginning work in process inventory Indirect materials used Factory utilities Factory depreciation Ending work in process inventory Ending materials inventory rect labor Beginning finished goods inventory Factory repairs and maintenance Net delivered cost of materials purchased Factory supplies used. A $500 B C $800 $600 260 245 140 810 750 515 250 450 350 2,560 2,760 2,120 520 670 350 1,120 840 1,070 390 420 230 240 275 150 730 760 380 1,360 790 950 440 710 410 425 280 160 850 725 480 215 230 175 3,140 4,410 2,870 330 310 210 For each of the following unrelated companies, compute the cost of goods manufactured and the cost of goods sold: Selling expenses Factory insurance Ending finished goods inventory Non-factory administrative expenses Direct labor Beginning materials inventory Beginning work in process inventory Indirect materials used Factory utilities Factory depreciation Ending work in process inventory Ending materials inventory rect labor Beginning finished goods inventory Factory repairs and maintenance Net delivered cost of materials purchased Factory supplies used. A $500 B C $800 $600 260 245 140 810 750 515 250 450 350 2,560 2,760 2,120 520 670 350 1,120 840 1,070 390 420 230 240 275 150 730 760 380 1,360 790 950 440 710 410 425 280 160 850 725 480 215 230 175 3,140 4,410 2,870 330 310 210

Answer rating: 100% (QA)

To compute the cost of goods manufactured COGM and the cost of goods sold COGS we can use the follow... View the full answer