Acc350 Managerial Accounting: E18-23 Use the following information for a manufacturer

Acc350 Managerial Accounting
E18-23 Computing cost of goods manufactured and cost of goods sold
Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold:
Inventories: Beginning Ending
Raw Materials 29,000 32,000
Work-in-Process 44,000 37,000
Finished Goods 19,000 24,000

Other information:
Purchases of materials 77,000
Direct labor 87,000
Manufacturing overhead 45,000

Powered by