Question
26.Raw materials inventory, January 1 $20,000 Raw materials inventory, December 31 10,000 Work in process inventory, January 1 6,000 Work in process inventory, December 31
26.Raw materials inventory, January 1 $20,000 Raw materials inventory, December 31 10,000 Work in process inventory, January 1 6,000 Work in process inventory, December 31 9,000 Finished goods inventory, January 1 16,000 Finished goods inventory, December 31 20,000 Raw materials purchases 400,000 Direct labor 200,000 Factory utilities 75,000 Indirect labor 45,000 Factory depreciation 180,000 Selling & administrative expenses 210,000 Assume manufacturing costs is $850,000. Cost of goods manufactured equals: Question 26 options: $850,000. $847,000. $854,000. $853,000.
27.Raw materials inventory, January 1 $20,000 Raw materials inventory, December 31 10,000 Work in process inventory, January 1 6,000 Work in process inventory, December 31 9,000 Finished goods inventory, January 1 16,000 Finished goods inventory, December 31 20,000 Raw materials purchases 400,000 Direct labor 200,000 Factory utilities 75,000 Indirect labor 45,000 Factory depreciation 180,000 Selling & administrative expenses 210,000 Assume goods manufactured is $870,000. The cost of goods sold is: Question 27 options: $867,000. $866,000. $870,000. $874,000.
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AML Auditing Understanding Subcustodian Network Management What Every AML KYC Auditor Should Know
Authors: Bob Walsh
1st Edition
1539592405, 978-1539592402
