Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production $ 30,000 $4,580 Direct labor $ 59,900 Manufacturing overhead applied to work in process Underapplied overhead Inventories Xav materials Mork in process Finished goods Beginning. Ending $11,000 $54,200 $ 18,300 $ 66,100 $ 33,000 $ 43,000 $08,400 $4,090 Required: 1. Prepare a schedule of cost of goods manufactured for the month, 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production $ 30,000 $4,580 Direct labor $ 59,900 Manufacturing overhead applied to work in process Underapplied overhead Inventories Xav materials Mork in process Finished goods Beginning. Ending $11,000 $54,200 $ 18,300 $ 66,100 $ 33,000 $ 43,000 $08,400 $4,090 Required: 1. Prepare a schedule of cost of goods manufactured for the month, 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold
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Primare Corporation Schedule of Cost of Goods Manufactured Direct Materials Beginning Raw Materials ... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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