The following data refers to one month for Talmidge Company. Fill in the blanks. $32,000 27,000 10,000
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$32,000 27,000 10,000 1 Direct materials inventory, March 1 2 Direct materials inventorv, March 31 3 Work-i 4 Work 5 Finished goods inventory, March 1 6 Finished 7 Purchases of direct materials 8 Cost of goods manufactured during the month 9 Total manufacturing costs 10 Cost of goods sold 11 Gross margin 12 Direct labo 13 Direct materials used 14 Manufa 15 Sales revenue 16 2 inventory, March 1 inventoy, March 31 64,000 14,000 inventory, March 31 260,000 254,000 170,000 120,000 62,000 overhead 480,000
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a From the basic inventory equation Beginning workinprocess inventory ...View the full answer
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Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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