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Answer the question of management accounting . Please provide correct answers one of the tutor provided with wrong answer . PLEASE READ THE QUESTION CAREFULLY

Answer the question of management accounting . Please provide correct answers one of the tutor provided with wrong answer . PLEASE READ THE QUESTION CAREFULLY AND ANSWER WITH CORRECT SOLUTION .

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Beena Corporation has the following information available about its July, 2020 production: 1 Finished goods inventory on July 1, 2020 is $27,760 and on July 31, 2020 is $25,190. 2. Work in process inventory on July 1, 2020 is $25,190 and on July 31, 2020 is $22,740. 3. Raw materials inventory on July 1, 2020 is $10,340 and on July 31, 2020 is $8,510. 4. Direct materials used in production in July were $44,100. Direct labour incurred in production in July was $29,900 and manufacturing overhead applied to production is $41,300. 5. Net Sales for July, 2020 was $156,300.Prepare a condensed cost of goods manufactured schedule for July, 2020. Beena Corporation Cost of Goods Manufactured Month Ended July 31, 2020 $ v SPrepare an income statement up to gross profit for July, 2020. Beena Corporation Income Statement $Indicate the inventory balances that appear on the balance sheet at July 31, 2020. (List assets in order of liquidity.) Beena Corporation Balance Sheet (Partial) S

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