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Calculate the cost of goods manufactured for Peak Performance Products Inc. using the following information for the month of May 2024: Beginning Work in Process
- Calculate the cost of goods manufactured for Peak Performance Products Inc. using the following information for the month of May 2024:
- Beginning Work in Process Inventory: $20,000
- Direct Materials Used: $30,000
- Direct Labor: $25,000
- Factory Overhead: $15,000
- Ending Work in Process Inventory: $10,000
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
8th edition
978-1259569197
