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Grand slam incorporated and cured the following cost during March selling expenses 156,700 direct labor 299,000 interest expense 41,100 manufacturing overhead actual 94,140 raw materials
Grand slam incorporated and cured the following cost during March selling expenses 156,700 direct labor 299,000 interest expense 41,100 manufacturing overhead actual 94,140 raw materials used 474,000 administrative expense 121,200 required during the month 19,100 units of product were manufactured over 10,700 units of product were sold on March 1 grand slam carried no inventory on March 31. There were no inventories for raw materials or work in process a calculate the cost of goods manufactured during March and the average cost per unit of product manufactured be calculate the cost of goods sold during march see calculate the difference between cost of goods, manufactured, and cost of goods sold. How will this amount be reported in the financial statements D prepare a traditional absorption income statement for grand slam for the month of March and Sumn , that sales for the month were 1,037,000 and the companies effective income tax rate was 35%
ng the month, 19,100 units of product were manufactured and 10,700 units of fuct were sold. On March 1, GrandSlam carried no inventories. On March 31, there eno inventories for raw materials or work in process. uired: alculate the cost of goods manufactured during March and the average cost per nit of product manufactured. alculate the cost of goods sold during March. alculate the difference between cost of goods manufactured and cost of goods old. How will this amount be reported in the financial statements? repare a traditional (absorption) income statement for GrandSlam for the month f March, Assume that sales for the month was $1,037,000 and the company's ffective income tax rate was 35%. Answer is not complete. omplete this question by entering your answers in the tabs below. apare a traditional (absorption) income statement for GrandSlam for the month of March. As is $1,037,000 and the company's effective income tax rate was 35%. te: Round "Average cost per unit" to 2 decimal places Step by Step Solution
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