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Question: table[[,table[[July 1],[(Beginning)]],table[[September 30],[(Ending)]]],[Direct materials inventory,$96,800,$114,400 table [ [ , table [ [ July 1 ] , [ ( Beginning ) ] ]
Question: \table[[,\table[[July 1],[(Beginning)]],\table[[September 30],[(Ending)]]],[Direct materials inventory,$96,800,$114,400
Direct materials inventory Work-in-process inventory Finished goods inventory July 1 (Beginning) $ 96,800 89,600 98,000 September 30 (Ending) $ 114,400 57,200 92,000 Direct materials purchased during the quarter amount to $680,000, and the cost of goods sold for the quarter was $1,940,000. Required: Prepare a cost of goods sold statement. Manufacturing costs: Direct materials: SANTA MARIA PARTS Cost of Goods Sold Statement For the Quarter Ended September 30 Materials available Direct materials used Total manufacturing costs Total costs of work-in-process Cost of goods manufactured 0 $ 0 0 $ 0 $ 0
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
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