Question
Part 1: Use the information in Part 1 for Juicy Lemonade Company to complete a Cost of Goods Manufactured Statement and a Cost of Goods
Part 1: Use the information in Part 1 for Juicy Lemonade Company to complete a Cost of Goods Manufactured Statement and a Cost of Goods Sold Statement for the year ended 2015. All reports should be prepared in Excel with good form.
The following cost and inventory data were taken from the records of the Juicy Lemonade Company for the year 2015:
Costs incurred:
Part 2: Use only the information in Part 2 to prepare a Contribution Margin Income Statement and a Gross Margin Income Statement for the month of July 2015. Assume the company produced and sold 5,000 units and there were no units in inventory on July 1, 2015. All reports should be prepared in Excel with good form.
The cost accountant for the Juicy Lemonade Manufacturing Company has provided you with the following information for the month of July:
Cost Accounting I Practice Set Exam Phase #1 Points: 50 Due Date: At the start of Week 6, February 15, 2016 8:00 am Please read all of the instructions carefully before completing the exam. Part 1: Use the information in Part 1 for Juicy Lemonade Company to complete a Cost of Goods Manufactured Statement and a Cost of Goods Sold Statement for the year ended 2015. All reports should be prepared in Excel with good form. The following cost and inventory data were taken from the records of the Juicy Lemonade Company for the year 2015: Costs incurred: Part 2: Use only the information in Part 2 to prepare a Contribution Margin Income Statement and a Gross Margin Income Statement for the month of July 2015. Assume the company produced and sold 5,000 units and there were no units in inventory on July 1, 2015. All reports should be prepared in Excel with good form. The cost accountant for the Juicy Lemonade Manufacturing Company has provided you with the following information for the month of July: Submission method: Please include all of your reports in the same excel file and email your excel file to emoney@dtcc.edu. Name the file Phase1firstnamelastname.xls. For example: Phase1EvelynMoney.xls
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