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QUESTION 1) Z MANUFACTURING ENTERPRISE The semi-finished product stocks of the Z manufacturing company at the beginning of the period are 28,000 TL. The production
QUESTION 1) Z MANUFACTURING ENTERPRISE The semi-finished product stocks of the Z manufacturing company at the beginning of the period are 28,000 TL. The production cost incurred during the period is 232.000 TL. 10.000 units of products were produced during the period and the cost of finished products within the month was 236,000 TL. At the beginning of the period, there were 2,000 units of product with a cost of 20 TL/unit in this business. 11,000 units of product were sold during the period. Business "average stock valuation uses the "method. REQUIRED: a) Calculate the cost of goods sold. b) Calculate the end-of-period inventory cost. c) Calculate the semi-finished product inventory cost at the end of the period.
The semi-finished product stocks of the Z manufacturing company at the beginning of the period are 28,000TL. The production cost incurred during the period is 232.000 TL. 10.000 units of products were produced during the period and the cost of finished products within the month was 236,000TL. At the beginning of the period, there were 2,000 units of product with a cost of 20TL/ unit in this business. 11,000 units of product were sold during the period. Business "average stock valuation uses the "method. REQUIRED: a) Calculate the cost of goods sold. b) Calculate the end-of-period inventory cost. c) Calculate the semi-finished product inventory cost at the end of the period. The semi-finished product stocks of the Z manufacturing company at the beginning of the period are 28,000TL. The production cost incurred during the period is 232.000 TL. 10.000 units of products were produced during the period and the cost of finished products within the month was 236,000TL. At the beginning of the period, there were 2,000 units of product with a cost of 20TL/ unit in this business. 11,000 units of product were sold during the period. Business "average stock valuation uses the "method. REQUIRED: a) Calculate the cost of goods sold. b) Calculate the end-of-period inventory cost. c) Calculate the semi-finished product inventory cost at the end of the periodStep by Step Solution
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