Question
During the year, finished goods increased by $10,000 and WIP decreased by $15,000. Prime Costs were $20,000 and Conversion Costs were $30,000. Direct material inventory
During the year, finished goods increased by $10,000 and WIP decreased by $15,000. Prime Costs were $20,000 and Conversion Costs were $30,000. Direct material inventory increased by $8,000 and DM purchases were $12,000.
Calculate Total Manufacturing Costs (TMC), Cost of Goods Manufactured (COGM), and Cost of Goods Sold (COGS).
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Endangered Economies How The Neglect Of Nature Threatens Our Prosperity
Authors: Geoffrey Heal
1st Edition
0231180845, 9780231180849
