Question
2. Miyose Corporation, a manufacturing company, has provided the following data for the month of June: (1 points) Raw materials purchased during June totaled $67,000
2. Miyose Corporation, a manufacturing company, has provided the following data for the month of June: (1 points)
Raw materials purchased during June totaled $67,000 and the cost of goods manufactured totaled $124,000.
Required:
a. What was the cost of direct materials used in production during June?
b. What was the cost of goods sold for June?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
