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Exercise 2.15 Cost of Goods Manufactured and Sold OBJECTIVE 4 LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June,
Exercise 2.15 Cost of Goods Manufactured and Sold OBJECTIVE 4 LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied by its accountant: During June, direct labor cost was $143,000, direct materials purchases were $346,000, and the total overhead cost was $375,800. The inventories at the end of June were: Required: 1. Prepare a cost of goods manufactured statement for June. 2. Prepare a cost of goods sold schedule for June
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