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Raw material increase. 15500 Work in process decrease by. 18900 Finished goods increased by. 8700 Purchases of raw material. 150000 Purchases returns. 2000 Direct labor
Raw material increase. 15500
Work in process decrease by. 18900
Finished goods increased by. 8700
Purchases of raw material. 150000
Purchases returns. 2000
Direct labor cost. 125000
Menufacturing overhead. 75000
From the above Information compute the cost of goods sold.
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To compute the cost of goods sold COGS well use the formula COGS Beginning Finished Goods Inventory ...Get Instant Access to Expert-Tailored Solutions
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