{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T13:05:20-04:00", "answer_date": "2024-05-29 13:05:20", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1885988", "url": "\/study-help\/questions\/cost-of-goods-sold-pietro-frozen-foods-inc-produces-frozen-1885988", "question_creation_date_js": "2024-05-29T13:05:20-04:00", "question_creation_date": "May 29, 2024 01:05 PM", "meta_title": "[Solved] Cost of Goods Sold Pietro Frozen Foods, I | SolutionInn", "meta_description": "Answer of - Cost of Goods Sold Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 53,700 units | SolutionInn", "meta_keywords": "cost,goods,sold,pietro,frozen,foods,inc.,produces,pizzas,year,predicts,53,700", "question_title_h1": " Cost of Goods Sold Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 53,700 units will be produced, with the", "question_title": " Cost of Goods Sold Pietro Frozen Foods, Inc., produces frozen pizzas.", "question_title_for_js_snippet": "Cost of Goods Sold Pietro Frozen Foods, Inc , produces frozen pizzas For next year, Pietro predicts that 53,700 units will be produced, with the following total costs Direct materials Direct labor Variable overhead 67,000 Fixed overhead 23,000 180,000 Next year, Pietro expects to purchase $125,500 of direct materials Projected beginning and ending inventories for direct materials and work in process are as follows Beginning Ending Direct materials Work in Process Inventory $7,000 Inventory $10,200 $12,200 $6,900 Pietro expects to produce 53,700 units and sell 53,000 units Beginning inventory of finished goods is $47,500, and ending inventory of finished goods is expected to be $39,000 Required 1 Prepare a statement of cost of goods sold in good form , Pietro Frozen Foods, Inc Statement of Cost of Goods O Sold 11 14 AM 9 12 2022", "question_description": "\"image\"image", "transcribed_text": "Cost of Goods Sold Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 53,700 units will be produced, with the following total costs: Direct materials Direct labor Variable overhead ? 67,000 Fixed overhead 23,000 180,000 Next year, Pietro expects to purchase $125,500 of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows: Beginning Ending Direct materials Work-in-Process Inventory $7,000 Inventory $10,200 $12,200 $6,900 Pietro expects to produce 53,700 units and sell 53,000 units. Beginning inventory of finished goods is $47,500, and ending inventory of finished goods is expected to be $39,000. Required: 1. Prepare a statement of cost of goods sold in good form., Pietro Frozen Foods, Inc. Statement of Cost of Goods O Sold 11:14 AM 9\/12\/2022", "related_book": { "title": "Managerial Accounting", "isbn": "B010IKDQZM", "edition": "10th Edition", "authors": "Carl S. Warren, James M. Reeve, Jonathan E. Duchac", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/125.jpg", "uri": "\/textbooks\/managerial-accounting-10th-edition-b010ikdqzm", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CLDLL1S6", "uri": "\/textbooks\/retirement-realities-navigating-wealth-and-happiness-in-your-future-the-handbook-for-the-affluent-retiree-1st-edition-979-8864350485-258150", "name": "Retirement Realities Navigating Wealth And Happiness In Your Future The Handbook For The Affluent Retiree", "edition": "1st Edition" }, "question_posted": "2024-05-29 13:05:20", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-August-28", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/object-oriented-systems-analysis\/what-are-the-three-workflows-in-the-revised-select-perspective-1256548", "description": "What are the three workflows in the revised SELECT Perspective (Apperly et al., 2003)?", "stars": 0 }, { "url": "\/the-cable-segments-support-the-loading-shown-determine-the-magnitude", "description": "The cable segments support the loading shown. 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