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The Cake Factory has the following information for the month of March. Prepare a (a) schedule of cost of goods

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The Cake Factory has the following information for the month of March. Prepare a (a) schedule of cost of goods manufactured, (b) an income statement for the month ended March 31, and (c) prepare only the inventory section of the balance sheet.
Purchases $85000 Materials inventory, March 1 $6000 Materials inventory, March 31 $7000 Direct Labor $25000 Factory Overhead #34000 Work in Process, March 1 $17000 Work in Process, March 31 $18500 Finished goods inventory, March 1 $21000 Finished goods inventory, March 31 $23000 Sales $235000 Sales and Administrative expenses $78000

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a Cake Factory Statement of Cost of Goods Manufactured For Month Ended March 31 20xx Work in process …View the full answer


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Income Tax Fundamentals 2013

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Question Posted: March 21, 2017 11:16:43
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