{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T07:10:40-04:00", "answer_date": "2024-06-28 07:10:40", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4260958", "url": "\/study-help\/questions\/i-need-help-with-this-milestone-three-cogm-income-statement-4260958", "question_creation_date_js": "2024-06-28T07:10:40-04:00", "question_creation_date": "Jun 28, 2024 07:10 AM", "meta_title": "[Solved] I need help with this milestone three COG | SolutionInn", "meta_description": "Answer of - I need help with this milestone three COGM, Income statement and Variance tab on my excel spreadsheet. I will include | SolutionInn", "meta_keywords": "help,milestone,three,cogm,income,statement,variance,tab,excel,spreadsheet,will,include", "question_title_h1": "I need help with this milestone three COGM, Income statement and Variance tab on my excel spreadsheet. I will include my previous tabs work with", "question_title": "I need help with this milestone three COGM, Income statement and Variance", "question_title_for_js_snippet": "I need help with this milestone three COGM, Income statement and Variance tab on my excel spreadsheet I will include my previous tabs work with screen shots as this data that is needed to solve If you can show me the math formulas to use that would be most helpful INSTRUCTIONS The following are the actual numbers for January Materials Purchased $5,000 of Materials Consumed 40 of those purchased materials Direct Labor Direct Labor was $6,240 Factory Overhead Factory Overhead was $2,800 Statement of Cost of Goods Manufactured For the Month Ended January 31, xxxx Beginning Work in Process Inventory", "question_description": "

I need help with this milestone three COGM, Income statement and Variance tab<\/em><\/strong> on my excel spreadsheet. I will include my previous tabs work with screen shots as this data that is needed to solve. If you can show me the math formulas to use that would be most helpful.<\/p>

INSTRUCTIONS: The following are the actual numbers for January:<\/strong><\/p>

Materials: <\/strong><\/p>

Purchased $5,000 of Materials<\/p>

Consumed 40% of those purchased materials<\/p>

Direct Labor:<\/strong><\/p>

Direct Labor was $6,240<\/p>

Factory Overhead:<\/strong><\/p>

Factory Overhead was $2,800<\/p>

Statement of Cost of Goods Manufactured<\/strong><\/p>

For the Month Ended January 31, xxxx<\/strong><\/p>

Beginning Work in Process Inventory<\/strong><\/p>

<\/p>

\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image\"image<\/div><\/div><\/div>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting Tools for Business Decision Making ", "isbn": "1118856996, 978-1118856994", "edition": "4th Canadian edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1190.jpg", "uri": "\/textbooks\/managerial-accounting-tools-for-business-decision-making-4th-canadian-edition-1190", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CRTL695W", "uri": "\/textbooks\/the-money-magnet-mama-escape-the-9-5-start-a-business-and-thrive-in-motherhood-1st-edition-979-8873614783-284571", "name": "The Money Magnet Mama Escape The 9 5 Start A Business And Thrive In Motherhood", "edition": "1st Edition" }, "question_posted": "2024-06-28 07:10:40", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/state-an-advantage-and-a-disadvantage-of-lifo", "description": "State an advantage and a disadvantage of LIFO.", "stars": 3 }, { "url": "\/study-help\/psychology\/1-what-higherorder-knowledge-can-make-the-difference-between-how-1984781", "description": "1. 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