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Exercise no 1: The information relating cost department of BETA corporation is as follow. Inventory Jan 1 Dec 31 Material Work in process Finish
Exercise no 1: The information relating cost department of BETA corporation is as follow. Inventory Jan 1 Dec 31 Material Work in process Finish goods 44500 59500 91500 53500 56500 ? Finish goods inventory Jan 1 420 units Dec 31 540 units Sold during the year 4005 units at USD 200 per unit. Material Purchase 371500 Conversion cost 221500 Freight In 13100 Purchase discount 14400 Prepare Cost of Goods Sold Statement
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