Schedule cost of goods manufactured, Accounting Basics

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Schedule cost of goods manufactured

Required: Use the given information to complete the below schedule of cost of goods manufactured.

Purchases of raw materials $120,000.00
Raw materials available for use $148,000.00
Cost of direct raw materials used $124,000.00
Manufacturing overhead $24,000.00
Total manufacturing costs $310,000.00
Ending work-in-process inventory $(46,000.00)
Cost of goods manufactured $306,000.00

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Accounting Basics: Schedule cost of goods manufactured

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Accounting Basics: Schedule cost of goods manufactured

Reference No:- TGS018610

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Schedule cost of goods manufactured

Reference No:- TGS018610

Recent Questions Asked Accounting Basics

Q : Employee surveillance-productive and loyal

Q : Determine the emi of the loan

Q : Probability values of normal distribution

Q : Social responsibility as efficient competitive strategy

Q : Schedule cost of goods manufactured

Q : Break-even point in units and dollars

Q : Determine probability values using additional theorem

Q : Transaction as influencing common stock

Q : Fifo periodic inventory method

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