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I need to figure out the Manufacturing Costs, Cost of Goods Manufactured, and Cost of Goods Sold. E F I G H Direct Material J
I need to figure out the Manufacturing Costs, Cost of Goods Manufactured, and Cost of Goods Sold.
E F I G H Direct Material J M N L Indirect Material O P Overhead C BB $1,100 $555 $9,750 $21,890 BB(A) BB D EB $2,000 $397 $8,045 $15,433 A 1 INVENTORY ITEM 2 A DIRECT MATERIAL 3 B INDIRECT MATERIAL 4 C WORK-IN-PROCESS 5 D FINISHED GOODS BB(B) EB EB(A) EB(B) Work-in-Process Finished Goods BB(C) BB(D) EBD OTHER DETAILS 8 E PURCAHSED DIRECT MATERIAL 9 F PURHCASED INDIRECT MATERIAL 10 G DIRECT LABOR COSTS 11 H INDIRECT LABOR COSTS 12 I DIRECT MATERIAL RETURNED 13 J DIRECT MATERIAL TRNSPORTATION 14 K INDIRECT MATERIAL RETURNED 15 L FACTORY SUPERVISOR SALARY 16 M FACTORY SUPERVISOR BONUS 17 N ADVERTISING COSTS 18 O MARKETING MANAGER'S SALARY 19 P VARIABLE MOH COSTS 20 Q CEO'S SALARY 21 R CEO'S BONUS 22 T FACTORY RENT 23 U SALES MANAGER'S OFFICE RENT 24 CALCULATE MANUFACTURING COSTS; COGM; & COGS $33,390 $7,787 $89,000 $12,999 $4,500 $2,555 $999 $59,600 $4,400 $17,750 $47,750 $55,900 $550,850 $6,880 $66,750 $23,500 EB(C) Step by Step Solution
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