Required Information Use the following information for the Exercises below. (Algo) [The following information applies to...
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Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year. Raw materials purchased Direct labor Factory overhead Beginning of Year End of Year $7,000 $ 9,500 14,000 10,500 10,000 6,500 $ 125,500 95,000 42,000 QS 18-17 (Algo) Schedule of cost of goods manufactured LO P2 Factory overhead of $42,000 consists of Indirect labor of $21,000, Depreciation expense-Factory of $16,000, and Factory utilities of $5,000 a. Compute total manufacturing costs b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Required A Required B Compute total manufacturing costs. Total manufacturing costs Reqused Required B > Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year. Raw materials purchased Direct labor Factory overhead Beginning of Year End of Year $7,000 $ 9,500 14,000 10,500 10,000 6,500 $ 125,500 95,000 42,000 QS 18-17 (Algo) Schedule of cost of goods manufactured LO P2 Factory overhead of $42,000 consists of Indirect labor of $21,000, Depreciation expense-Factory of $16,000, and Factory utilities of $5,000 a. Compute total manufacturing costs b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Required A Required B Compute total manufacturing costs. Total manufacturing costs Reqused Required B >
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