Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Create the budgeted income Frihed goods inventory, August 3 Direct matenol Quivers Inc. Budgeted Income Statement For the Month Ended August 31 Diect mateios

image text in transcribed

Create the budgeted income Frihed goods inventory, August 3 Direct matenol Quivers Inc. Budgeted Income Statement For the Month Ended August 31 Diect mateios inventory, August Dimas purchases om Question Units x Price= Total Sales $ 150,000 Seling Expenses $ 12,000 $ 392 23.231 Cost of direct materials available for use $ 23623 Les drect mateso inventory, August 31 248 Cost of drect matelas placed in production S 23.375 Drect labor hum Question $ 9.900 Factory overhead (hom Question 8 $ 19.560 Cost of goods manufactured 1205 Coe of Inished goods avaiable for so Cream Base (oc) Oils (ox.) Boffels (ox) Total Diect materias inventory, August 1 Crect matesos inventory, August 31 Rofe $ 64.805 Lashed goods inventory, August 31 Com Bose (1) 7,000 Cot of goods sold 57835 Gro Seling perm Bottes (or $ 92.165 $ $2.145

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Accounting

Authors: Needles, Powers, crosson

11th Edition

1439037744, 978-1133626985, 978-1439037744

More Books

Students also viewed these Accounting questions