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need help pls 1. Presented below is selected information from the Larry Company's current period accounting records (in $000s): Sales Raw Materials Used Direct Labor
need help pls
1. Presented below is selected information from the Larry Company's current period accounting records (in $000s): Sales Raw Materials Used Direct Labor Costs Period Costs (Selling and Administrative) Beginning Raw Material Inventory Ending Raw Material Inventory Net Income Beginning Work-in-Process Inventory Ending Work-in-Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory * NOTE: All raw materials used were direct materials Required: Determine the following (in dollars): Raw Material Purchases b. Gross Profit Cost of Goods Manufactured d. Manufacturing Overhead $12.000 2.500 1.000 2.500 300 1,000 300 0 300 700 400 a. c Step by Step Solution
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