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Question Help The Berkner Company had the following data (in thousands) for a given period: Sales $ 830 200 There were no beginning or ending
Question Help The Berkner Company had the following data (in thousands) for a given period: Sales $ 830 200 There were no beginning or ending inventories. Requirement 1. Compute the (1) manufacturing cost of goods sold, (2) gross profit, (3) operating income, and (4) conversion cost (total manufacturing cost less materials cost). Direct materials Direct labor 200 160 Indirect manufacturing costs Selling and administrative expenses 170 (1) Determine the formula, then compute the manufacturing cost of goods sold. = Mfg. cost of goods sold (2) Determine the formula, then compute the gross profit Gross profit (3) Determine the formula, then compute the operating income. Operating income (4) Determine the formula, then compute the conversion cost. Conversion cost Choose from any list or enter any number in the input fields and then continue to the next
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