Morey Company manufactures desk lamps. At the beginning of March, the following information was supplied by its

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Morey Company manufactures desk lamps. At the beginning of March, the following information was supplied by its accountant:

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During March, direct labor cost was $17,000, raw materials purchases were $75,000, and the total overhead cost was $216,850. The inventories at the end of March were:

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Required:
1. Prepare a cost of goods manufactured statement for March.
2. Prepare a cost of goods sold statement for March.

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Related Book For  book-img-for-question

Cost Management Accounting And Control

ISBN: 9780324002324

3rd Edition

Authors: Don R. Hansen, Maryanne M. Mowen

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