Question: PA 2 - 6 ( Algo ) Finding Unknowns in the Cost of Goods Manufactured Report and Analyzing Manufacturing Overhead [ LO 2 - 3
PAAlgo Finding Unknowns in the Cost of Goods Manufactured Report and Analyzing Manufacturing Overhead LO
The following information was obtained from the records of Appleton Corporation during the current year:
Manufacturing Overhead was applied at a rate of percent of direct labor dollars.
Beginning value of inventory follows:
Beginning Work in Process Inventory, $
Beginning Finished Goods Inventory, $
During the period, Work in Process Inventory decreased by percent, and Finished Goods Inventory increased by percent.
Actual manufacturing overhead costs were $
Sales were $
Adjusted Cost of Goods Sold was $
Required:
Use the preceding information to find the missing values in the following table:
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