Question: question 1 2 and 3 Exercise 1-8B Allocating product costs between ending inventory and cost of goods sold Fuji Manufacturing Company began operations on January
Exercise 1-8B Allocating product costs between ending inventory and cost of goods sold Fuji Manufacturing Company began operations on January 1. During January, it started and completed 6,000 units of product. Assume all financial statement data are prepared in accordance with GAAP. The company incurred the following costs. 1. Raw materials purchased and used $8,100. 2. Wages of production workers $6,500. 3. Salaries of administrative and sales personnel $3,200
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