Question
Prepare the simplified cost of goods manufactured schedule and partial income statement for Dutch Co. given the following: Beg. finished goods inventory Beg. work
Prepare the simplified cost of goods manufactured schedule and partial income statement for Dutch Co. given the following: Beg. finished goods inventory Beg. work in process inventory Direct labor Direct materials End. finished goods inventory End. work in process inventory Manufacturing overhead costs Sales + Dutch Co. Manufacturing Statement For Year Ending 12/31/0Y Total Manufacturing Costs $ 20 16 20 60 24 12 14 200 xx X x Cost of Goods Manufactured Dutch Co. Income Statement For Year Ending 12/31/0Y Sales Cost of Goods Sold Finished Goods Available for Sale Cost of Goods Sold Gross Profit x X X X X X 200 X
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
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