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Martin Enterprises Inventories: April 1 April 30 Raw material $20,000 $17,000 Work in process 12,000 8,000 Finished goods 30,000 39,000 Additional information for April: Raw
Martin Enterprises
| Inventories: | April 1 | April 30 |
|---|---|---|
| Raw material | $20,000 | $17,000 |
| Work in process | 12,000 | 8,000 |
| Finished goods | 30,000 | 39,000 |
| Additional information for April: | ||
| Raw material purchased | $45,000 | |
| Direct labor payroll | $36,000 | |
| Direct labor rate per hour | $8.00 | |
| Overhead rate per direct labor hour | $10.00 |
Refer to Martin Enterprises. For April, Cost of Goods Manufactured was
Select one:
a. $133,000
b. $121,000
c. $125,000
d. $141,000
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Forecasting Volatility In The Financial Markets
Authors: Stephen Satchell, John Knight
2nd Edition
0750655151, 9780750655156
