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Here's the information: sales $775,000 gross profit $265,000 indirect labor $63,000 indirect materials $32,000 other factory overhead $17,500 materials purchased $303,000 toatal manufacturing cost for
Here's the information: sales $775,000 gross profit $265,000 indirect labor $63,000 indirect materials $32,000 other factory overhead $17,500 materials purchased $303,000 toatal manufacturing cost for the period $620,000 materials inventory $35,000 Ok based on the information above, I'm trying to determine the cost of goods sold. But I have no clue how do so. It seems like I'm missing some information, I have no idea where to start. Any help ypu can provide is really appreciated
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