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Prepare a schedule of the cost of goods man/sold and calculate the gross margin. Jan 1. Balance RM 32000 WIP 46000 FG 18000 Dec.

Prepare a schedule of the cost of goods man/sold and calculate the gross margin. Jan 1. Balance RM 32000 WIP

Prepare a schedule of the cost of goods man/sold and calculate the gross margin. Jan 1. Balance RM 32000 WIP 46000 FG 18000 Dec. 31 Balance RM 12000 WIP 26000 FG 12000 Transactions Purchased RM 50,000 Direct Labor 88,000 MOH (actual) 82,000 Sales 380,000

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