The following information is available for the first month of operations of Bahadir Company, a manufacturer...
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The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils: Sales $395,560 Gross profit 230,610 Cost of goods manufactured 197,780 Indirect labor 85,840 Factory depreciation 13,050 Materials purchased 121,830 Total manufacturing costs for the period 227,450 Materials inventory, ending 16,220 Using the above information, determine the following missing amounts: a. Cost of goods sold b. Finished goods inventory at the end of the month c. Direct materials cost d. Direct labor cost e. Work in process inventory at the end of the month 100 The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils: Sales $395,560 Gross profit 230,610 Cost of goods manufactured 197,780 Indirect labor 85,840 Factory depreciation 13,050 Materials purchased 121,830 Total manufacturing costs for the period 227,450 Materials inventory, ending 16,220 Using the above information, determine the following missing amounts: a. Cost of goods sold b. Finished goods inventory at the end of the month c. Direct materials cost d. Direct labor cost e. Work in process inventory at the end of the month 100
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Answer rating: 100% (QA)
a Cost of goods sold sales variable cost 395560 230610 164950 164950 ... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date:
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