Question
1-Jul 31-Jul Raw materials inventory 0 $5,000 Work in process inventory ? $25,000 Finished goods inventory $12,000 ? Other data: Cost of goods manufactured $105,000
1-Jul 31-Jul Raw materials inventory 0 $5,000 Work in process inventory ? $25,000 Finished goods inventory $12,000 ? Other data: Cost of goods manufactured $105,000 Raw materials used $40,000 Manufacturing overhead costs 20,000 Direct labor costs 39,000 Gross profit 100,000 Sales 210,000 The beginning work in process inventory was
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Comparative International Accounting
Authors: Christopher Nobes, Robert Parker
14th Edition
1292296461, 978-1292296463
