Lando Company reported the following amounts for the year 2013: Raw materials purchased $88,000 Beginning inventory of
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Question:
Lando Company reported the following amounts for the year 2013:
Raw materials purchased $88,000
Beginning inventory of raw materials 5,200
Ending inventory of raw materials 4,500
Beginning inventory of finished goods 7,600
Ending inventory of finished goods 8,000
Direct labor used 25,000
General manufacturing costs applied 30,000
Beginning work-in-process inventory 6,100
Ending work in process inventory 6,300
Calculate the cost of materials used in production.
Cost of materials used in production $
Calculate total manufacturing costs.
Total manufacturing costs $
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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