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Please help me with this accounting 2 question Exercise 18-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck
Please help me with this accounting 2 question
Exercise 18-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the information below for 2017. Begin. Inv. Purchases Avail. for use 50,500 End. Inv. Raw Materials Inventory 10,900 45,500 56, 400 DM used 5,900 Work in Process Inventory 15,000 50,500 34,300 58,000 157,800 Cost of goods mig 14,500 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 143,300 End. Inv. Begin. Inv. Cost of goods mig Avail. for sale Finished Goods Inventory 21,100 143,300 164,400 Cost of Goods Sold 19,700 144,700 End. Inv. Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale 0 Cost of goods sold $ 0Step by Step Solution
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