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Required: Determine the following amounts in dollars (show your calculations): a. Ending Raw Materials assuming all Raw Materials costs are classified as direct costs: b.
Required: Determine the following amounts in dollars (show your calculations):
a. Ending Raw Materials assuming all Raw Materials costs are classified as direct costs:
b. Ending Work-in-Process Inventory:
c. Cost of Goods Sold:
Information from Yoda's Stick Company is given below in $000s for this period: Sales $700 Selling and administrative costs 52 Purchases of raw materials 18 Direct labor 22 Manufacturing overhead 210 Raw materials used (all direct cost) 22 Cost of goods manufactured 136 Beginning raw materials inventory 60 Beginning work-in-process inventory 206 Beginning finished goods inventory 180 Ending finished goods inventory 150Step by Step Solution
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