Question: For PR3, only use information for the Birdhouse. This changes some dollar figures in the Cost of Goods Sold Budget. The cost of the ending
For PR3, only use information for the Birdhouse. This changes some dollar figures in the Cost of Goods Sold Budget. The cost of the ending inventory Birdhouse will be $28 x 400 birdhouses, $11,200. The beginning inventory should be $28 x 500, $14,000.
Beginning WIP $17,500 Ending WIP $18,000
Also, change the following:
Indirect factory wages $46,000
Depreciation on plant and equipment $20,000
Under Selling and Admin expenses, change Sales Salaries to $45,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
