Question: Homework help Serial Problem Business Solutions LO C2, C4, P2 Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer
Serial Problem Business Solutions LO C2, C4, P2 Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture Required: 1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2018. manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect Direct materials: $2,500 Factory overhead: Direct labor: $900 Beginning work in process: none (December 31, 2017) Ending work in process: $540 (January 31, 2018) Beginning finished goods inventory none (December 31, 2017) Ending finished goods inventory: $310 (January 31, 2018) $470 3. Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2018. Complete this question by entering your answers in the tabs below. WE Prepare the cost of goods sold section of a partiel Income statement for Business Solutions for the month anded 2018 Jensuary 31 Cost of goods sold Goods available for sale Cost of goods sold Required 2 Raquired 3 Prey8 or Next
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