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Keeton Company had the following data: Cost of Materials Used 60,000 Direct Labor costs 58,000 Factory Overhead 33,000 Work in Process, beg. 29,000 Work in
Keeton Company had the following data:
| Cost of Materials Used | 60,000 |
| Direct Labor costs | 58,000 |
| Factory Overhead | 33,000 |
| Work in Process, beg. | 29,000 |
| Work in Process, end. | 18,000 |
| Finished Goods, beg. | 32,000 |
| Finished Goods, end. | 18,000 |
Show your calculations, i.e. income statement form, to determine the Cost of Goods Sold
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
