Question: Joshua Hill, Bates & Hill Fabricators production manager, has just completed the companys production budget and manufacturing overhead budget for the first quarter. He also

Joshua Hill, Bates & Hill Fabricators’ production manager, has just completed the company’s production budget and manufacturing overhead budget for the first quarter. He also has received the direct materials purchases budget and direct labor budget.

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Prepare Bates & Hill’s ending inventory and cost of goods sold budget for the first quarter.

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