What the beginning inventory of finished goods
The Lyons Company's cost of goods manufactured was $120,000 when its sales were $360,000 and its gross margin was $220,000. If the ending inventory of finished goods was $30,000, what the beginning inventory of finished goods must have been ?
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Williams Company's direct labor cost is 25% of its conversion cost. If the Manufacturing overhead cost for the last period was $45,000 and the direct materials cost was $25,000, what was the direct labor cost ?
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In 2010 Gray Corporation, a calendar year C corporation has a $75k charitable contribution carryover from a gift made in 2005. Gray is contemplating a gift of land to a qualified charity in either 2010 or 2011.
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What is the balance in the investment account on December 31, 2011?
The beginning inventory of finished goods was $60,000 and the ending inventory of finished goods was $85,000. what cost of goods manufactured for the first quarter would have been ?
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