Prepare Statements for a Manufacturing Company The following balances are from the accounts of MacBeth Manufacturing: Direct
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Prepare Statements for a Manufacturing Company The following balances are from the accounts of MacBeth Manufacturing:
Direct materials used during the year amount to $47,700, and the cost of goods sold for the year was $56,000.
Required Find the following by completing a cost of goods sold statement:
a. Cost of direct materials purchased during the year.
b. Cost of goods manufactured during the year.
c. Total manufacturing costs incurred during the year.
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Related Book For 
Fundamentals Of Cost Accounting
ISBN: 9780073018379
1st Edition
Authors: Michael W Maher, William N. Lanen, Madhav V. Rajan
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