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answer SALES WERE 51,200,000 OPERATING EXPENSES WERE $200,000 CLOCKS AUGUST 2013 COST OF GOODS SOLD WAS $720,000. AUGUST 31 wIP wAS 50% OF THE AUGUST
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SALES WERE 51,200,000 OPERATING EXPENSES WERE $200,000 CLOCKS AUGUST 2013 COST OF GOODS SOLD WAS $720,000. AUGUST 31 wIP wAS 50% OF THE AUGUST 1 wIP OVERHEAD WAS 200% OF DIRECT LABOR COST DURING AUGUST $600,000 OF MATERIALS WERE PURCHASED OTHER AUGUST INFORMATION FOLLOwS INVENTORIES MATERIAL WIP 8/31/2013 300,000 100,000 8/1/2013 100,000 200,000 200,000 COMPUTE COST OF GOODS SOLD COMPUTE COST OF GOODS MANUFACTURED DIRECT MATERIAL COST IN AUGUST DIRECT LABOR COST IN AUGUST PREDETERMINED OVERHEAD IN AUGUST TOTAL MANUFACTURING COSTS IN AUGUST PREPARE AN INCOME STATEMENT FOR AUGUST 2013Step by Step Solution
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